<SEC-DOCUMENT>0001001807-13-000009.txt : 20130401
<SEC-HEADER>0001001807-13-000009.hdr.sgml : 20130401
<ACCEPTANCE-DATETIME>20130401091515
ACCESSION NUMBER:		0001001807-13-000009
CONFORMED SUBMISSION TYPE:	20-F
PUBLIC DOCUMENT COUNT:		18
CONFORMED PERIOD OF REPORT:	20130401
FILED AS OF DATE:		20130401
DATE AS OF CHANGE:		20130401

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:		20-F
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14406
		FILM NUMBER:		13729054
</SEC-HEADER>
<DOCUMENT>
<TYPE>20-F
<SEQUENCE>1
<FILENAME>f20ifrs_0104131.htm
<DESCRIPTION>PT TELEKOMUNIKASI INDONESIA TBK
<TEXT>

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<P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 0.7pt; FONT-SIZE: 36pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp; &nbsp;</FONT></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">UNITED STATES SECURITIES AND EXCHANGE COMMISSION</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">WASHINGTON, D.C. 20549</FONT></B></P>

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

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 14pt" lang=EN-US face="Times New Roman">Form 20-F</FONT></B></P>

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

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 5pt" align=right><B><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="85%">

   <P style="MARGIN: 0in 0in 5pt"><B><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 5pt" align=right><B><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="wingdings 2">*</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="85%">

   <P style="MARGIN: 0in 0in 5pt"><B><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934</FONT></B></P></TD></TR>

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   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 5pt" align=right><B><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="wingdings 2"></FONT></B></P></TD>

   <TD vAlign=top width="85%">

   <P style="MARGIN: 0in 0in 5pt"><B><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; OR</FONT></B></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 5pt" align=right><B><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="wingdings 2">R</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="85%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</FONT></B></P>

   <P style="MARGIN: 0in 0in 5pt"><B><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">For the fiscal year ended December 31, 2012&nbsp;&nbsp; </FONT></B></P></TD></TR>

<TR style="HEIGHT: 2px">

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 5pt" align=right><B><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="wingdings 2"></FONT></B></P></TD>

   <TD vAlign=top width="85%">

   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 5pt" align=right><B><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="wingdings 2">*</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="85%">

   <P style="MARGIN: 0in 0in 5pt"><B><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</FONT></B></P></TD></TR>

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   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 5pt" align=right><B><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="wingdings 2"></FONT></B></P></TD>

   <TD vAlign=top width="85%">

   <P style="MARGIN: 0in 0in 5pt"><B><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;OR</FONT></B></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 5pt" align=right><B><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="wingdings 2">*</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="85%">

   <P style="MARGIN: 0in 0in 5pt"><B><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Date of event requiring this shell company report</FONT></B></P>

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

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Commission file number 1-14406</FONT></B></P>

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

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 14pt" lang=EN-US 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: 14pt" lang=EN-US 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 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 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 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 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 face="Times New Roman">(Translation of Registrant&#8217;s name into English)</FONT></P>

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

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

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Jurisdiction&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> of incorporation or organization)</FONT></P>

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

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Jl.</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> Japati</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> No. </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Bandung 40133</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Indonesia&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Address of principal executive offices)</FONT></P>

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

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Investor Relations Unit</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Grha Citra Caraka, Jl. Gatot Subroto No. 52, 5<SUP>th</SUP> Floor, Jakarta 12710, Indonesia</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(62) (22) 452-7101</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(62) (21) 521-5109</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">)&nbsp;</FONT></P>

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

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Securities registered or to be registered pursuant to Section 12(b) of the Act.</FONT></P>

<DIV align=center>

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<TR>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="68%" colSpan=4>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 8pt" face="Times New Roman">Title of</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 8pt" face="Times New Roman">Each class</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 8pt" face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="30%" colSpan=2>

   <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: center; 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" align=center><B><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 8pt" face="Times New Roman">Name of each exchange</FONT></B></P>

   <P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; 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" align=center><B><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 8pt" face="Times New Roman">on which registered</FONT></B></P></DIV></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="68%" colSpan=4>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" face="Times New Roman">American Depositary Shares representing Series B Shares, par value 250 Rupiah per share</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="30%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" face="Times New Roman">New York Stock Exchange</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="68%" colSpan=4>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" face="Times New Roman">Series B Shares, par value 250 Rupiah per share</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="30%" colSpan=2>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" face="Times New Roman">New York Stock Exchange*</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=7>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=7>

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Securities registered or to be registered pursuant to Section 12(g) of the Act. </FONT></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face="Times New Roman">None</FONT></B></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=7>

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act. </FONT></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" face="Times New Roman">None</FONT></B></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="100%" colSpan=7>

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Indicate the number of outstanding shares of each of the issuer&#8217;s classes of capital or common stock as of the close of the period covered by the Annual Report:</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="83%" colSpan=6>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" face="Times New Roman">Series A Dwiwarna Share, par value 250 Rupiah per share</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" face="Times New Roman">1</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" face="Times New Roman">Series B Shares, par value 250 Rupiah per share</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" face="Times New Roman">19,149,068,819</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. </FONT></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Yes </FONT><B><FONT style="FONT-SIZE: 10pt" face="wingdings 2">R</FONT></B><FONT style="FONT-SIZE: 10pt" face="Times New Roman"> No </FONT><FONT style="FONT-SIZE: 10pt" face=wingdings>&#168;&nbsp;</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 92%; FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. </FONT></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Yes </FONT><FONT style="FONT-SIZE: 10pt" face=wingdings>&#168;</FONT><FONT style="FONT-SIZE: 10pt" face="Times New Roman"> No </FONT><B><FONT style="FONT-SIZE: 10pt" face="wingdings 2">R&nbsp;</FONT></B></P>

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. </FONT></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Yes </FONT><B><FONT style="FONT-SIZE: 10pt" face="wingdings 2">R&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" face="Times New Roman"> </FONT></B><FONT style="FONT-SIZE: 10pt" face="Times New Roman">No </FONT><FONT style="FONT-SIZE: 10pt" face=wingdings>&#168;&nbsp;</FONT></P>

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

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). </FONT></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Yes </FONT><FONT style="FONT-SIZE: 10pt" face=wingdings>&#168;</FONT><FONT style="FONT-SIZE: 10pt" face="Times New Roman"> No </FONT><B><FONT style="FONT-SIZE: 10pt" face="wingdings 2">R&nbsp;</FONT></B></P>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of &#8220;accelerated filer and large accelerated filer&#8221; in Rule 12b-2 of the Exchange Act. (Check one):</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Large accelerated filer </FONT><B><FONT style="FONT-SIZE: 10pt" face="wingdings 2">R&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Accelerated filer </FONT><FONT style="FONT-SIZE: 10pt" face=wingdings>&#168;&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Non-accelerated filer </FONT><FONT style="FONT-SIZE: 10pt" face=wingdings>&#168;&nbsp;</FONT></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Indicate by checkmark which basis of accounting the registrant has used to prepare the financial statements included in this filing:</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">U.S. GAAP </FONT><FONT style="FONT-SIZE: 10pt" face=wingdings>&#168;</FONT><FONT style="FONT-SIZE: 10pt" face="Times New Roman"> International Financial Reporting Standards as issued by the International Accounting Standards Board </FONT><B><FONT style="FONT-SIZE: 10pt" face="wingdings 2">R </FONT></B><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Other </FONT><FONT style="FONT-SIZE: 10pt" face=wingdings>&#168;&nbsp;</FONT></P>

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">If &#8220;Other&#8221; has been checked in response to the previous question, indicate by checkmark which financial statement item the registrant has elected to follow. </FONT></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Item 17 </FONT><FONT style="FONT-SIZE: 10pt" face=wingdings>&#168;</FONT><FONT style="FONT-SIZE: 10pt" face="Times New Roman"> Item 18 </FONT><FONT style="FONT-SIZE: 10pt" face=wingdings>&#168;&nbsp;</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">If this is an Annual Report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). </FONT></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Yes </FONT><FONT style="FONT-SIZE: 10pt" face=wingdings>&#168;</FONT><FONT style="FONT-SIZE: 10pt" face="Times New Roman"> No </FONT><B><FONT style="FONT-SIZE: 10pt" face="wingdings 2">R&nbsp;</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

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

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

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">*</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">The Series B Shares were registered in connection with the registration of American Depositary Shares (&#8220;AD</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">S</FONT><FONT style="FONT-SIZE: 10pt" face="Times New Roman">s&#8221;). The Series B Shares are not listed for trading on the New York Stock Exchange.</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><A name="toc"></A>
   <A href="#TOC"><U><FONT style="FONT-SIZE: 10pt" color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt">
   <A href="#DEFINITIONS"><U><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=blue face="Times New Roman">DEFINITIONS</FONT></U></A></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">1</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt">
   <A href="#CDCAGI"><U><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=blue face="Times New Roman">CERTAIN DEFINITIONS, CONVENTIONS AND GENERAL INFORMATION</FONT></U></A></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">9</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt">
   <A href="#FLS"><U><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=blue face="Times New Roman">FORWARD-LOOKING STATEMENTS</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">9</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT size=2></FONT>&nbsp;</P></TD>

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

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman"><STRONG>PART I</STRONG></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt 178pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="14%">

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 1.</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">
   <A href="#IDSMA"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS</FONT></U></A></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">10</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 2.</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">
   <A href="#OSET"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">OFFER STATISTICS AND EXPECTED TIMETABLE</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">10</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 3.</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">
   <A href="#KEY_INF"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">KEY INFORMATION</FONT></U></A></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">10</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 4.</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">
   <A href="#IOTC"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">INFORMATION ON THE COMPANY</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">24</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 4A.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#USC"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">UNRESOLVED STAFF COMMENTS</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">56</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 5.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#OFRAP"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">OPERATING AND FINANCIAL REVIEW AND PROSPECTS</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">56</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 6.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#DSME"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">75</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 7.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#MSRPT"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">82</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 8.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#FI"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">FINANCIAL INFORMATION</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">85</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 9.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#TOAL"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">THE OFFER AND LISTING</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">86</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 10.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ADD_INF"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">ADDITIONAL INFORMATION</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">88</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 11.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#QQDAM"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">93</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 12.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#DSOTES"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">96</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P>&nbsp;</P></TD>

   <TD vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt 176pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt 176pt">&nbsp;</P></TD>

   <TD vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" 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="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman"><STRONG>PART II</STRONG></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt 176pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" 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="14%">

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

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 13.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#DDAAD"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">DEFAULTS, DIVIDEND ARREARAGES AND DELINQUENCIES</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">97</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 14.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#MMTTRSH"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND USE OF PROCEEDS</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" face="Times New Roman">97</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 15.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#CAP"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">CONTROLS AND PROCEDURES</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">97</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 16A.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#ACFE"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">AUDIT COMMITTEE FINANCIAL EXPERT</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">98</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 16B.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#COE"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">CODE OF ETHICS</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">98</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 16C.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#PAFAS"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">PRINCIPAL ACCOUNTANT FEES AND SERVICES</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">98</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 16D.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#EFTLSFAC"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT COMMITTEES</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">99</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 16E.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#POESTIAAP"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face="Times New Roman">100</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 16F.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#CIRCA"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">CHANGE IN REGISTRANT&#8217;S CERTIFYING ACCOUNTANT</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">100</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 16G.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#CG"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">CORPORATE GOVERNANCE</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">101</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 16H.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="76%">

   <P style="MARGIN: 0in 0in 0pt">
   <A href="#MSD"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=blue face="Times New Roman">MINE SAFETY DISCLOSURE</FONT></U></A></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #ffffff; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">102</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman"><STRONG></STRONG></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

   <TD vAlign=top width="76%">

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman"><STRONG>PART III</STRONG></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 17.</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">
   <A href="#FS"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=#0000ff face="Times New Roman">FINANCIAL STATEMENTS</FONT></U></A></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">103</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 18.</FONT></P></TD>

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   <A href="#FS18"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=#0000ff face="Times New Roman">FINANCIAL STATEMENTS</FONT></U></A></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 0.25in" align=right><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">103</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" face="Times New Roman">ITEM 19.</FONT></P></TD>

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   <A href="#EXHIBITS"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=#0000ff face="Times New Roman">EXHIBITS</FONT></U></A></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=#0000ff face="Times New Roman">Exhibit 1.1 Articles of Association (as amended on June 7, 2012)</FONT></U></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=#0000ff face="Times New Roman">Exhibit 8.1 Please refer to Item 4 "Information on The Company-Organizational Structure" for a list of subsidiaries of the Registrant</FONT></U></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=#0000ff face="Times New Roman">Exhibit 12.1 CEO Certification pursuant to Section 302</FONT></U></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=#0000ff face="Times New Roman">Exhibit 12.2 CFO Certification pursuant to Section 302</FONT></U></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=#0000ff face="Times New Roman">Exhibit 13.1 CEO Certification pursuant to Section 906</FONT></U></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=#0000ff face="Times New Roman">Exhibit 13.2 CFO Certification pursuant to Section 906</FONT></U></P></TD>

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   <P><U><FONT style="LINE-HEIGHT: 94%; FONT-SIZE: 10pt" color=#0000ff face="Times New Roman">Exhibit 15.1 Letter of The Company's predecessor auditor to Securities Exchange Commisions in relation to item 16F. Change in Registrant's Certifying Accountant</FONT></U></P></TD>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt">
<A name=DEFINITIONS></A><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">DEFINITIONS</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">3G</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The generic term for third generation mobile telecommunications technology. 3G offers high speed connections to cellular phones and other mobile devices, enabling video conference and other applications requiring broadband connectivity to the internet.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">3.5G</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A grouping of disparate mobile telephony and data technologies designed to provide better performance than 3G systems, as an interim step towards deployment of full 4G capability.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Adjusted EBITDA is defined as earnings before interest, tax, depreciation and amortization. Adjusted EBITDA and other related ratios in this Annual Report serve as additional indicators on our performance and liquidity, which is a non GAAP financial measure. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">American Depositary Share (also known as an American Depositary Receipt, or an &#8220;ADR&#8221;), a certificate traded on a US securities market (such as New York Stock Exchange) representing a number of foreign shares. Each of our ADS represents 40 of our Series B shares.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ADSL</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Asymmetric Digital Subscriber Line, a type of digital subscriber line technology, a data communications technology that enables faster data transmission over copper telephone lines than a conventional voice band modem can provide.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">APMK</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Alat Pembayaran Menggunakan Kartu</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> or card-based payment instruments, a payment instrument in the form of credit cards, Automated Teller Machine (&#8220;ATM&#8221;) and/or debit cards.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Average Revenue per User, a measure used primarily by telecommunications and networking companies which states how much money we make from the average user. It is defined as the total revenue from specified services divided by the number of consumers for those services.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The main telecommunications network consisting of transmission and switching facilities connecting several network access nodes. The transmission links between nodes and switching facilities include microwave, submarine cable, satellite, optical fiber and other transmission technology.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">Bandwidth</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The capacity of a communication link.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">Bapepam-LK</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Badan Pengawas Pasar Modal dan Lembaga Keuangan,</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> or the Indonesian Capital Market and Financial Institution Surpervisory Agency, the predecessor to the OJK.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A signaling method that includes or handles a relatively wide range (or band) of frequencies.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face="Times New Roman">BSC</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Base Station Controller, an equipment responsible for radio resource allocation to mobile station, frequency administration and handover between BTSs controlled by the BSC.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face="Times New Roman">BSS</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Base Station Subsystem, the section of a cellular telephone network responsible for handling traffic and signaling between a mobile phone and the network switching subsystem. A BSS is composed of two parts: the BTS and the BSC.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Base Transceiver Station, equipment that transmits and receives radio telephony signals to and from other telecommunication systems.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">BWA</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Broadband Wireless Access, a technology that provides high speed wireless internet access or computer networking access over a wide area.</FONT></P>

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<P style="MARGIN: 0in 0in 0pt" align=center>- 1 -</P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Code Division Multiple Access, a </FONT><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">transmission technology where each transmission is sent over multiple frequencies and a unique code is assigned to each data or voice transmission, allowing multiple users to share the same frequency spectrum.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Customer Premises Equipment, any handset, receiver, set-top box or other equipment used by the consumer of wireless, fixedline or broadband services, which is the property of the network operator and located on the customer premises.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Digital Communication System, a mobile cellular system using GSM technology operating in the 1800 MHz frequency band.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">Defined Benefit Pension Plan</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A type of pension plan in which an employer promises a specified monthly benefit on retirement that is predetermined by a formula based on the employee&#8217;s earnings history, tenure of service and age, rather than depending on investment returns. It is considered &#8216;defined&#8217; in the sense that the formula for computing the employer&#8217;s contribution is known in advance.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">Defined Contribution Pension Plan</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A type of retirement plan in which the amount of the employer&#8217;s annual contribution is specified. Individual accounts are set up for participants and benefits are based on the amounts credited to these accounts (through employer contributions and, if applicable, employee contributions) plus any investment earnings on the money in the account. Only employer contributions to the account are guaranteed, not the future benefits. In defined contribution plans, future benefits fluctuate on the basis of investment earnings.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">Dial-Up</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: top"><FONT style="BACKGROUND: white; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Access to the internet using fixed telephone lines or mobile phone.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">DLD<BR></FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Domestic Long Distance, a long distance call service designed for customers who live in different areas but still within one country. These areas normally have different area codes.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">Downlink<BR></FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Radio&nbsp;signal&nbsp;frequency&nbsp;emitted by the&nbsp;satellite to&nbsp;earth station.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">DSL<BR></FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Digital Subscriber Line, a technology that allows combinations of services including voice, data and one way full motion video to be delivered over existing copper feeder distribution and subscriber lines.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">DTH</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Direct-to-Home satellite broadcasting, the distribution of television signals from high-powered geostationary satellites to small dish antennas and satellite receivers in homes across the country.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">Dual Band</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The capability of a mobile cellular network and mobile cellular handsets to operate across two frequency bands, for example GSM 900 and GSM 1800.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">e-Business<BR></FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Electronic Business solutions, including electronic payment services, internet data centers and content and application solutions. </FONT><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">Refer to &#8220;New Economy Business (&#8220;NEB&#8221;) and Strategic Business Opportunities Portfolio&#8221; under Business Overview.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Electronic Commerce, the buying and selling of products or services over electronic systems such as the internet and other computer networks. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Electronic Money, money or script that is only exchanged electronically.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">Also known as electronic funds transfer, the</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> electronic exchange or transfer of money from one account to another, either within a single financial institution or across multiple institutions, through computer-based systems.</FONT></P>

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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">E1 Link</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The backbone transmission unit which operates over two separate sets of wires, usually twisted pair cable. E1 link data rate is 2,048 Mbps (full duplex), which is divided into 32 timeslots.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The antenna and associated equipment used to receive or transmit telecommunication signals via satellite.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Enterprise Business Solution, an enterprise customer consultation for customized corporate TIMES solutions, and simulation demos (for e-Payment and VPN over Fixed Network, GSM and Flexi).</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Electronic Data Capture, a</FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">computerized system designed for the collection of clinical data in electronic format for use mainly in human clinical trials.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Enhanced Data rates for GSM Evolution, a digital mobile phone technology that allows improved data transmission rates as a backward-compatible extension of GSM.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Education and Entertainment.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Evolution Data Optimize, a standard high speed 3G wireless broadband for CDMA. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Fixed wireline and fixed wireless.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The local wireless transmission link using a cellular, microwave, or radio technology to connect customers at a fixed location to the local telephone exchange.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A fixed wire or cable path linking a subscriber at a fixed location to a local exchange, usually with an individual phone number.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">FTTx<BR></FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Fiber to the &#8220;x&#8221;, a generic term for any broadband network architecture that uses optical fiber to replace all or part of the usual metal local loop used for last mile telecommunication. The generic term originated as a generalization of several configurations of fiber deployment such as fiber to the home, fiber to the node or fiber to the building.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">Gateway</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A peripheral that bridges a packet based network (IP) and a circuit based network (PSTN).</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Gigabyte, a unit of information used, for example, to quantify computer memory or storage capacity.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Gigabyte per second, the average number of bits, characters, or blocks per unit time passing between equipment in a data transmission system. This is typically measured in multiples of the unit bit per second or byte per second.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Gigahertz. The hertz (symbol Hz), the international standard unit of frequency defined as the number of cycles per second of a periodic phenomenon.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">General Meeting of Shareholders, which may be an Annual General Meeting of Shareholders (&#8220;AGMS&#8221;) or an Extraordinary General Meeting of Shareholders (&#8220;EGMS&#8221;).</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Gigabyte-Passive Optical Network, the most widely deployed type of passive optical network system that bring optical fiber cabling and signals all or most of the way to end users.</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">General Packet Radio Service, a data packet switching technology that allows information to be sent and received across a mobile network and only utilizes the network when there is data to be sent.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Global System for Mobile Telecommunication, a European standard for digital cellular telephone.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">Homepass</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">A connection with access to fixed line voice, IPTV and broadband services.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Evolved High Speed Packet Access is defined in the Third Generation Partnership Project Release 7. It introduces a simpler IP-centric architecture for the mobile network bypassing most of the legacy equipment. HSPA+ boosts peak data rates to 42 Mbit/s on the downlink and 22 Mbit/s on the uplink.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">International Direct Dialing, a service that allows a subscriber to make an international call without the assistance or intervention of an operator from any telephone terminal.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Information, Media and Edutainment.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">IMT-2000</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">International Mobile Telecommunications-2000, a body of specifications provided by the International Telecommunication Union. Application services include wide area wireless voice telephone, mobile internet access, video calls and mobile TV, all in a mobile environment.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Complete lines fully built-out to the distribution point and ready to be connected to subscribers.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A service-independent telecommunications network where the logic functions are taken out of the switch and placed in computer nodes distributed throughout the network. This provides the means to develop and control services more efficiently allowing new or advanced telephony services to be introduced quickly.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">Interconnection</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The physical linking of a carrier&#8217;s network with equipment or facilities not belonging to that network.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">IP</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Internet Protocol, the method or protocol by which data is sent from one computer to another on the internet.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A block of logic data that is used in making a field programmable gate array </FONT><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">or application-specific integrated circuit </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for a product.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">IP DSLAM</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Internet Protocol-Digital Subscriber Line Access Multiplexer, a network device located near the customer&#8217;s location that allows telephone lines to make faster connections to the internet by connecting multiple customer Digital Subscriber Lines (DSLs) to a high-speed internet backbone line using multiplexing techniques.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A data communication service using IP Multi Protocol Label Switching (&#8220;MPLS&#8221;) and based on any to any connection. This service is connected to the data security systems, L2TP and IPSec. The speed depends on the customer&#8217;s needs and ranges from 64 Kbps to 2 Mbps.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Internet Protocol Television, a system through which television services are delivered using the Internet Protocol suite over a packet-switched network such as the internet, instead of being delivered through traditional terrestrial, satellite signal, and cable television formats.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Integrated Services Digital Network, a network that provides end-to-end digital connectivity and allows simultaneous transmission of voice, data and video and provides high speed internet connectivity.</FONT></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT><FONT><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT></FONT>&nbsp;</P></DIV></DIV>

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

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Internet Services Provider</FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">,&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> an organization that provides access to the internet.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Joint Operating Scheme or</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> Kerja Sama Operasi </FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(&#8220;KSO&#8221;), a unique type of build, operate and transfer arrangement formerly used by us in which a consortium of partners invests and operates our facilities in regional divisions. The consortium partners were owned by international operators and private domestic companies or in cases where we have acquired the consortium partner, by ourselves.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">Kbps</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Kilobyte per second, a measure of speed for digital signal transmission expressed in thousands of bits per second.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Lambda indicates the wavelength of any wave, especially in physics, electronics engineering and mathematics.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Local Area</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> </FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Network, a network of interconnected workstations that enables network resources sharing and typically covers a limited area (for example, within a building).</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A dedicated telecommunications transmissions line linking one fixed point to another, rented from an operator for exclusive uses.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The call among subscribers in the same numbering area without requiring any prefix number.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The aggregate number of lines at a local exchange connected and available for connection to outside plant.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Long Term Evolution technology, a standard for high-speed wireless data communication for mobile phones and data terminals. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Megabyte per second, a measure of speed for digital signal transmission expressed in millions of bits per second.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Bridge or relationship between locations that are apart geographically, this network connects LAN customers at several different locations.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face="Times New Roman">MHz</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Megahertz, a unit of measure of frequency equal to one million cycles per second.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face="Times New Roman">Mobile Broadband</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The marketing term for wireless internet access through a portable modem, mobile phone, USB Wireless Modem or other mobile devices.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face="Times New Roman">MoCI</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Ministry of Communication and Information, to which regulatory responsibility over telecommunications was transferred from the Ministry of Communication (&#8220;MoC&#8221;) in February 2005.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Multi Service Access Networks, represent the third generation of optical access network technology and are single platforms capable of supporting traditional, widely deployed, access technologies and services as well as emerging ones, while simultaneously providing a gateway to a NGN core. MSAN will enable us to provide triple play services that distribute high speed internet access, voice packet services and IPTV services simultaneously through the same infrastructure.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face="Times New Roman">Network Access Point</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A public network exchange facility where ISPs connected with one another in peering arrangements. </FONT></P>

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

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

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Next Generation Network, a general term that refers to a packet-based network able to provide services, including telecommunication services, and able to make use of multiple broadband, quality of service enabled transport </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">technologies and in which service-related functions are independent from underlying transport related technologies. A NGN is intended to be able to, with one network, transport various services (voice, data, and various media such as video) by encapsulating these into packets, similar to how such packet are transmitted on the internet. NGNs are commonly built around the Internet Protocol.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A BTS for a 3G W-CDMA/UMTS network.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">OBCE </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Operational, Business and Customer support system and Enterprise relations management, which is part of our strategic initiatives.</FONT></P>

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

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Communication between two customers in the different operators. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">OJK</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">Otoritas Jasa Keuangan,</FONT></I><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman"> or the Indonesian Financial Services Authority, the successor of Bapepam-LK, is an independent institution with authority to regulate and supervise financial services activities in the banking sector, capital market sector as well as non-bank financial industry sector.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Other Licensed Operators, i.e. operators other than our Company.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Communication between two customers in the same operators. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Cables using optical fiber and laser technology through which modulating light beams representing data are transmitted through thin filaments of glass.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The equipment and facilities used to connect subscriber premises to the local exchange.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Pay Television, premium television, or premium channels, subscription-based television services, usually provided by both analog and digital cable and satellite, but also increasingly via digital terrestrial and internet television.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face="Times New Roman">PDN</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Packet Data Network, a digital communications network which breaks a group data to be transmitted into segments called packets, which are then routed independently.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face="Times New Roman">PKLN</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Tim Pinjaman Komersial Luar Negeri, </FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">or Foreign Commercial Loan Coordinating Team, an inter-agency team of the Government charged with, among others, considering requests of Indonesian State-Owned Enterprises such as us for consent to obtain foreign commercial loans.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face="Times New Roman">POWL</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Public Offering Without Listing.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="times new roman">Premium SMS</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Premium </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Short Message Service, a text messaging service component of phone, web, or mobile communication systems, using standardized communications protocols that allow the exchange of short text messages between fixed line or mobile phone devices.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT size=2></FONT>&nbsp;</P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Public Switched Telephone Network, a telephone network operated and maintained by us and the KSO Units for us and on our behalf.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT size=2></FONT>&nbsp;</P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The unit in the calculation of telephone charge.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT size=2></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Radio Frequency Spectrum</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The part of the electromagnetic spectrum corresponding to radio frequencies i.e. frequencies lower than around 300 GHz (or, equivalently, wavelengths longer than about 1 mm).</FONT></P>

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<P style="MARGIN: 0in 0in 0pt">&nbsp;</P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center>- 6 -</P>

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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>&nbsp;</P></DIV>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Reference Interconnection Offer, a regulatory term covering all facilities, including interconnection tariffs, technical facilities and administrative issues offered by one telecommunications operator to other telecommunications operator for interconnection access.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">RMJ<BR></FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Regional Metro Junction, an inter-city cable network installation service in one regional (region/province).</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A general term referring to the extension of connectivity service in a location that is different from the home location where the service was registered.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Removable User Identity Module, a smart card designed to be inserted into a fixed wireless telephone that uniquely identifies a CDMA network subscription and that contains subscriber-related data such as phone numbers, service details and memory for storing messages.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Radio relay equipment embedded in a satellite that receives signals from earth and amplifies and transmits the signal back to the earth.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Submarine Communications Cable System, a cable laid on the sea bed between land-based stations to carry telecommunication signals across stretches of ocean. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Service Delivery Platform, a set of components that provide a service delivery architecture (such as service creation, session control and protocols) for a type of service.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Subscriber Identity Module, a &#8220;smart&#8221; card designed to be inserted into cellular phone that uniquely identifies a GSM network subscription and contains subscriber-related data such as phone numbers, service details and memory for storing messages.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Small and medium enterprise.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Short Messaging Service, a technology allowing the exchange of text messages between mobile phones and between fixed wireless phones.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">State-Owned Enterprise, a Government-owned corporation, state-owned company, state-owned entity, state enterprise, publicly owned corporation, Government business enterprise, or parastatal, a legal entity created by a Government to undertake commercial activities on behalf of an owner Government.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A central device in a telephone network that connects calls from one phone line to another, entirely by means of software running on a computer system. This work was formerly carried out by hardware, with physical switchboards to route the calls.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">STM-1</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Synchronous Transport Module level-1, the SDH ITU-T fiber optic network transmission standard with a bit rate of 155.52 Mbps. The other standards are STM-4, STM-16 and STM-64.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A mechanical, electrical or electronic device that opens or closes circuits, completes or breaks an electrical path, or selects paths or circuits, used to route traffic in a telecommunications network.</FONT></P>

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

<P style="MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt" align=center>- 7 -</P>

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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">Ter</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">r</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">a Router</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Ter</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">r</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">a Router or terabit router on the theory allows the network capacity on a scale of terabits (1 terabit = 1 million gigabits).</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Telecommunication, Information, Media</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> Edutainment</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> and Service</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 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 face="Times New Roman">TITO</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Trade-In, Trade-Off, </FONT><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">a conversion scheme to replace copper with optical cable</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. Refer to &#8220;Development and Modernization of Broadband Access through the TITO Scheme&#8221; under Network Development.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A switch that has the function of connecting one telephony switch to another telephony switch, which can either be a local or a trunk switch.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Universal Mobile Telephone System, one of the (3G) mobile systems being developed within the ITU&#8217;s IMT-2000 framework.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Universal Service Obligation, the service obligation imposed by the Government on all telecommunications services providers for the purpose of providing public services in Indonesia.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Voice over Internet Protocol, a means of sending voice information using the IP.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Virtual Private Network, a secure private network connection, built on top of publicly-accessible infrastructure, such as the internet or the public telephone network. VPNs typically employ some combination of encryption, digital certificates, strong user authentication and access control to secure the traffic they carry. These provide connectivity to many machines behind a gateway or firewall.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">VSAT</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Very Small Aperture Terminal, a relatively small antenna, typically 1.5 to 3.0 meters in diameter, placed in the user&#8217;s premises and used for two-way communications by satellite.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Worldwide Interoperability for Microwave Access, a telecommunications technology that provides wireless transmission of data using a variety of transmission modes, from point-to-point links to portable internet access.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Any type of computer network that is not connected by cables of any kind. It is a method by which homes, telecommunications networks and enterprise (business) installations avoid the costly process of introducing cables into a building, or as a connection between various equipment locations.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Technology that provides high speed wireless internet access or computer networking access over a wide area.</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><A name="CDCAGI"></A><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">CERTAIN DEFINITIONS, CONVENTIONS AND GENERAL INFORMATION</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Unless the context otherwise requires, references in this Form 20-F to the &#8220;Company&#8221;, &#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Telkom</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&#8221;, &#8220;we&#8221;, &#8220;us&#8221;, and &#8220;our&#8221; are to PT Telekomunikasi Indonesia Tbk. and its consolidated subsidiaries. All references to &#8220;Indonesia&#8221; are references to the Republic of Indonesia. All references to the &#8220;Government&#8221; herein are references to the Government of the Republic of Indonesia. References to &#8220;United States&#8221; or &#8220;US&#8221; are to the United States of America. References to &#8220;United Kingdom&#8221; or &#8220;UK&#8221; are to the United Kingdom of Great Britain and Northern Ireland. References to &#8220;Indonesian Rupiah&#8221; or &#8220;Rp&#8221; are to the lawful currency of Indonesia. References to &#8220;US Dollar&#8221; or &#8220;US$&#8221; are to the lawful currency of the United States. Certain figures (including percentages) have been rounded for convenience, and therefore indicated and actual sums, quotients, percentages and ratios may differ. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our consolidated financial statements as of December 31, 2011 and 2012 and for the years ended December 31, 2010, 2011 and 2012 included in this Form 20-F (the &#8220;Consolidated Financial Statements&#8221;) have been prepared in accordance with International Financial Reporting Standards (&#8220;IFRS&#8221;) as issued by the International Accounting Standards Board (&#8220;IASB&#8221;). </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">On December 31, 2012, the financial statements of nine of our subsidiaries were consolidated into the Consolidated Financial Statements for 2012. The nine companies are PT Telekomunikasi Indonesia International (&#8220;Telin&#8221;, a wholly-owned subsidiary), PT Dayamitra Telekomunikasi (&#8220;Mitratel&#8221;, a wholly-owned subsidiary), PT Pramindo Ikat Nusantara (&#8220;PINs&#8221;, a wholly-owned subsidiary), PT Telekomunikasi Selular (&#8220;Telkomsel&#8221;, in which we own a 65.0% stake), PT Multimedia Nusantara (&#8220;TelkomMetra&#8221;, a wholly-owned subsidiary), PT Indonusa Telemedia (&#8220;TelkomVision&#8221;, wholly-owned through a direct interest and a 0.46% stake owned by TelkomMetra), PT Graha Sarana Duta (&#8220;TelkomProperty&#8221;, in which we own a 99.99% stake), PT Napsindo Primatel Internasional (&#8220;Napsindo&#8221;, in which we own a 60% stake) and PT Telkom Akses (&#8220;Telkom Akses&#8221;, a wholly-owned subsidiary). See Note 1d to our Consolidated Financial Statements.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Solely for the convenience of the reader, certain Indonesian Rupiah amounts have been translated into US Dollars at specified rates. Unless otherwise indicated, US Dollars equivalent information for amounts in Indonesian Rupiah is translated at the Reuters Rate for December 31, 2012 at 04.00PM Jakarta time, which was Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">9,637.5&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> to US$1.00. The exchange rate of Indonesian Rupiah for US Dollars on March 25, 2013 was Rp9,728 to US$1.00 based on the middle exchange which is calculated based on the Bank Indonesia buying and selling rates. The Federal Reserve Bank of New York does not certify for customs purposes a noon buying rate for cable transfers in Indonesian Rupiah. No representation is made that the Indonesian Rupiah or US Dollar amounts shown herein could have been or could be converted into US Dollar or Indonesian Rupiah, as the case may be, at any particular rate or at all. See Item 3 &#8220;Key Information &#8211; Selected Financial Data &#8211; Exchange Controls&#8221; for further information regarding rates of exchange between the Indonesian Rupiah and the US Dollar.</FONT></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><A name="FLS"></A><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">FORWARD-LOOKING STATEMENTS</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">This Form 20-F contains &#8220;forward-looking statements&#8221; as defined in Section 27A of the US Securities Act of 1933, as amended (&#8220;Securities Act&#8221;) and Section 21E of the US Securities Exchange Act of 1934, as amended (&#8220;Exchange Act&#8221;), within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our expectations and projections for our future operating performance and business prospects. The words &#8220;believe&#8221;, &#8220;expect&#8221;, &#8220;anticipate&#8221;, &#8220;estimate&#8221;, &#8220;project&#8221; and similar words identify forward-looking statements. In addition, all statements other than statements of historical facts included in this Form 20-F are forward-looking statements. Although we believe that the expectations reflected in the forward-looking statements herein are reasonable, we can give no assurance that such expectations will prove to be correct. These forward-looking statements are subject to a number of risks and uncertainties, including changes in the economic, social and political environments in Indonesia. This Form 20-F discloses, under Item 3 &#8220;Key Information &#8211; Risk Factors&#8221; and elsewhere, important factors that could cause actual results to differ materially from our expectations.</FONT></P>

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

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<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITEM 1. <A name="IDSMA"></A>IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Not applicable. </FONT></P>

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<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITEM 2. <A name="OSET"></A>OFFER STATISTICS AND EXPECTED TIMETABLE</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Not applicable. </FONT></P>

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<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">ITEM 3. <A name="KEY_INF"></A>KEY INFORMATION</FONT></B></P>

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<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A. &nbsp;&nbsp; SELECTED FINANCIAL DATA</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The following tables present our selected consolidated financial information and operating statistics as of the dates and for each of the periods indicated. The selected financial information as of and for the years ended December 31, 2010, 2011 and 2012 presented below is based upon our audited Consolidated Financial Statements prepared in conformity with IFRS as issued by the IASB. The selected financial information as of and for the years ended December 31, 2010, 2011 and 2012 should be read in conjunction with, and is qualified in its entirety by reference to, our audited Consolidated Financial Statements, including the notes thereto, and the other information include elsewhere in this Form 20-F and in our previous Form 20-F filed with the SEC on April 2</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2012. The selected financial information as of and for the years ended December 31, 2008 and 2009 is based upon our audited Consolidated Financial Statements prepared in conformity with Indonesian Financial Accounting Standards (&#8220;IFAS&#8221;), with a reconciliation to US GAAP. The selected financial information as of and for the years ended December 31, 2008 and 2009 should be read in conjunction with, and is qualified in its entirety by reference to, our audited Consolidated Financial Statements, including the notes thereto, and the other information included elsewhere in our previous Form 20-F filed with the SEC on </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">March </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">31</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2011 and April 8, 2010. Therefore, financial information for 2010, 2011 and 2012 are not comparable with financial information for 2008 and 2009 and are presented separately. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Public Accountant Firm (&#8220;KAP&#8221;) Purwantono, Suherman &amp; Surja (a member firm of Ernst &amp; Young Global Limited) was appointed to perform the audit on the Consolidated Financial Statements as of and for the years ended December 31, 2012, at our AGMS on May 11, 2012. Meanwhile, our audited Consolidated Financial Statements as of and for the years ended December 31, 2008 were audited by KAP Haryanto Sahari &amp; Rekan and for the years ended December 31, 2009, 2010 and 2011 were audited by KAP Tanudiredja, Wibisana &amp; Rekan, a member firm of the PwC global network (&#8220;PwC&#8221;).</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Years Ended December 31,</FONT></B></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B></P></TD></TR>

<TR style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Revenues<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">68,529&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">71,238&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">77,127&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">8,003&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Expenses<SUP>(1)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">46,337&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">50,127&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">53,935&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">5,597&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Adjusted EBITDA<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">37,334&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">36,610&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">40,236&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">4,175&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Operating Profit<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">22,754&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">21,787&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">25,762&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2,673&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Profit before Income Tax<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">21,264&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">20,735&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">24,292&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2,521&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Net Income Tax Expense<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(5,512)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(5,385)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(5,908)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(613)</FONT></P></TD></TR>

<TR style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Profit for the Year<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">15,752&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">15,350&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">18,384&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,908&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Attributable to owners of the parent company<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">11,427&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">10,848&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">12,864&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,335&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Attributable to non-controlling interests<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">4,325&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">4,502&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">5,520&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">573&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Other Comprehensive Expenses - Net<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(553)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(1,947)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(3,005)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(313)</FONT></P></TD></TR>

<TR style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Net Comprehensive Income for the Year<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">15,199&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">13,403&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">15,379&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,595&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Attributable to owners of the parent company<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">10,911&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">8,969&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">9,834&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,020&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Attributable to non-controlling interests<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">4,288&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">4,434&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">5,545&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">575&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Weighted average number of shares outstanding (in millions)<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">19,669&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">19,592&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">19,202&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">19,202&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Basic and Diluted Earnings per Share (in full amount)<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"></FONT></B></P></TD></TR>

<TR style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Net income per share<SUP>(2)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">580.95&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">553.70&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">669.92&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.07&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Net income per ADS (40 Series B shares per ADS)<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">23,238.00&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">22,148.00&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">26,796.80&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2.78&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Dividend relating to the period (accrual basis, in full amount)<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"></FONT></B></P></TD></TR>

<TR style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Dividends declared per share</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">322.59&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">371.05&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <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 style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Dividends declared per ADS<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">12,903.60&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">14,842.17&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <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 style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Dividend paid in the period (cash basis, in full amount)<SUP>(3)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"></FONT></B></P></TD></TR>

<TR style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Dividends declared per share<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">275.45&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">308.56&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">371.47&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.04&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 7.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Dividends declared per ADS<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">11,017.83&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">12,342.57&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">14,858.69&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 1.5pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.9pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1.54&nbsp; </FONT></P></TD></TR></TABLE></DIV>

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

<DIV align=left>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(1)&nbsp;&nbsp;&nbsp;Expenses are calculated as the sum of the following expenses: operation, maintenance and telecommunication services, depreciation and amortization, personnel, interconnection, marketing, general and administrative, loss (gain) on foreign exchange, share of loss of associated companies and other expenses.</FONT></P></TD></TR>

<TR style="HEIGHT: 7.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.65pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=black>(2)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"><FONT color=black>&nbsp;&nbsp;&nbsp;</FONT>Using IFAS results, our profit attributable to owners of the parent company would be Rp11,537 billion, Rp10,965 billion and Rp12,850 billion for 2010, 2011 and 2012, and our net income per share would be Rp586.54, Rp559.67 and Rp669.19 for 2010, 2011 and 2012. We distribute dividends based on profit attributable to owners of the parent company and net income per share determined in reliance on IFAS.</FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.1pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=black>(3)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"><FONT color=black>&nbsp;&nbsp;&nbsp;</FONT>In 2010, we paid a cash dividend for 2009 of Rp261.41 per share and interim cash dividend 2010 of Rp26.75 per share. In 2011, we paid a cash dividend for 2010 of Rp308.56 per share. In 2012, we paid a cash dividend for 2011 of Rp371.47 per share.</FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT><FONT><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 10 -</P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Years Ended December 31,</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2010&nbsp;</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2011&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2012&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2012&nbsp;</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#000000>(Rp billion)</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=#000000></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#000000>(Rp billion)</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=#000000></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#000000>(Rp billion)</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(US$ million)</FONT></B></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Reconciliation of Operating Profit to Adjusted EBITDA<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=#000000></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=#000000></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=#000000></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=#000000></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=#000000></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Operating Profit<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>22,754&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>21,787&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>25,762&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,673&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Add:<SUP> </SUP></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Depreciation and amortization expense<SUP> </SUP></FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>14,580&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>14,823&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>14,474&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,502&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Adjusted EBITDA<SUP>(1)</SUP></FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>37,334&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>36,610&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>40,236&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>4,175&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>

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

<DIV align=left>

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



<TR style="HEIGHT: 2.15pt">

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=black>(1)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"><FONT color=black>&nbsp;&nbsp;&nbsp;</FONT>Adjusted EBITDA is defined as earnings before interest, tax, depreciation and amortization. Adjusted EBITDA and other related ratios in this Annual Report serve as additional indicators on our performance and liquidity, which is a non GAAP financial measure. Adjusted EBITDA is presented because our management believes that it is widely used by investors in their analysis of our performance and can assist them in their comparison of our performance with those of other companies in the telecommunications, information and media sector. We also present adjusted EBITDA because it is used by some investors as a way to measure a company&#8217;s ability to incur and service debt, make capital expenditures and meet working capital requirements. Companies in the telecommunications, information and media sector have historically reported adjusted EBITDA as a supplement to financial measures in accordance with IFRS or US GAAP. Adjusted EBITDA should not be considered as an alternative to net income as an indicator of our performance, nor should adjusted EBITDA be considered an alternative to cash flows from operating activities as a measure of liquidity or as an alternative to any other measure determined in accordance with IFRS. Unlike net income, adjusted EBITDA does not include depreciation and amortization or financing costs and, therefore, does not reflect current or future capital expenditures or the cost of capital. We compensate for these limitations by using adjusted EBITDA as only one of several comparative tools, together with IFRS-based measurements, to assist in the evaluation of operating performance. Such IFRS-based measurements include profit before income tax, profit for the year, cash flows from operations and cash flow data. We have significant uses of cash flows, including capital expenditures, interest payments, debt principal repayments, taxes and other non-recurring charges, which are not reflected in adjusted EBITDA. Our calculation of adjusted EBITDA may be different from the calculation methods used by other companies and, therefore, comparability may be limited.</FONT></P></TD></TR></TABLE></DIV>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black><SUP></SUP></FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>As of December 31,</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black><SUP></SUP></FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2010&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2011&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2012&nbsp;</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2012&nbsp;</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black><SUP></SUP></FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#000000>(Rp billion)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=#000000></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#000000>(Rp billion)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=#000000></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#000000>(Rp billion)</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(US$ million)</FONT></B></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Key Consolidated Statements of Financial Position Data<SUP> </SUP></FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><SUP><B><FONT color=black></FONT></B></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black></FONT></B>&nbsp;</P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">IFRS<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><SUP><B><FONT color=black></FONT></B></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Cash and cash equivalents</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,120&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,634&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>13,118&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,361&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Trade and other receivables</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>4,534&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>5,393&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>5,409&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>561&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Advances and prepaid expenses</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>3,441&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>3,294&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>3,721&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>386&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Total Current Assets</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>18,830&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>21,401&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>27,973&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,901&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Property and equipment</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>75,624&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>74,638&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>76,908&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>7,980&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Intangible assets</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,786&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,791&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,443&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>150&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Total Non-current Assets</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>82,242&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>81,321&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>82,238&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8,534&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Total Assets</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>101,072&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>102,722&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>110,211&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>11,435&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Trade and other payables</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>7,787&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8,355&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>7,457&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>774&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Taxes payable</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>736&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,039&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,844&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>191&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Accrued expenses</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>3,409&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>4,790&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>6,163&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>639&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Unearned income</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,681&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,821&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,729&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>283&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Short-term loans and other borrowings</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>5,360&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>4,913&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>5,658&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>587&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Total Current Liabilities</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>20,473&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>22,189&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>24,108&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,501&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Deferred tax liabilities</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>4,047&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>3,448&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,485&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>258&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Pension benefit and other post-employment benefit obligations</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,805&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>4,572&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>7,306&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>758&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Long-term loans and other borrowings</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>16,655&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>12,958&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>13,617&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,413&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Total Non-current Liabilities</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>24,061&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>21,507&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>24,089&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,499&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Total Liabilities</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>44,534&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>43,696&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>48,197&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>5,000&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Capital stock<SUP>(1)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>5,040&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>5,040&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>5,040&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>523&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Net Equity Attributable to Owners of the Parent Company</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>44,627&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>45,711&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>46,700&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>4,846&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Non-controlling interests</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>11,911&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>13,315&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>15,314&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,589&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Total Equity (Net Assets)</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>56,538&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>59,026&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>62,014&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>6,435&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Net Debt</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>12,895&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8,237&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>6,157&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>639&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Net Working Capital</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(1,643)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(788)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>3,865&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>400&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Issued and fully paid shares (in shares)</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>20,159,999,280&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>20,159,999,280&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>20,159,999,280&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>20,159,999,280&nbsp;</FONT></P></TD></TR></TABLE></DIV>

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

<DIV align=left>

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



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(1)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;&nbsp;&nbsp;As of December 31, 2012, our issued and paid-up capital consists of one Series A Dwiwarna share having a par value of Rp250 (the &#8220;Dwiwarna Share&#8221;) and 20,159,999,279 Series B shares having a par value of Rp250 per share (&#8220;common stock&#8221;) each from an authorized capital stock comprising one Series A Dwiwarna share and 79,999,999,999 Series B shares.</FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 11 -</P>

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<P style="MARGIN: 0in 0in 0pt">&nbsp;</P>
<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A>

<P style="MARGIN: 0in 0in 0pt">&nbsp;</P></DIV>

<DIV align=left>

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



<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black><SUP></SUP></FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="33%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>As of <FONT style="FONT-SIZE: 10pt" face="Times New Roman">and Years Ended </FONT>December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black><SUP></SUP></FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=middle width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2008*</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=middle width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2009*</FONT></B></P></TD></TR>

<TR>

   <TD vAlign=top width="67%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=#000000><SUP></SUP></FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=middle width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#000000></FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#000000>(Rp billion)</FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=#000000></FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=middle width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#000000></FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#000000>(Rp billion)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Consolidated Income Statement Data<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=#000000></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=#000000></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=#000000></FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Indonesian GAAP<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Operating Revenues<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>64,166&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>67,678&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Operating Expenses<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Depreciation and amortization<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>12,332&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>13,975&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Personnel<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8,979&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8,371&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Operations, maintenance and telecommunication services<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>12,301&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>14,549&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">General and administrative<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,504&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,806&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Interconnection<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>3,263&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,929&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Marketing<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,350&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,260&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Total Operating Expenses<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>41,729&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>44,890&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Operating Income<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>22,437&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>22,788&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Other Income (Expenses)<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Interest income<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>672&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>462&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Equity in net (loss) income of associated companies<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>20&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(30)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Interest expense<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(1,641)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(2,096)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Gain (loss) on foreign exchange - net<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(1,614)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>973&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Others - net<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>525&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>350&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Other expenses - net<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(2,038)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(341)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Income Before Tax<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>20,399&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>22,447&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Income Tax (Expense) Benefit<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(5,674)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(6,404)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Income Before&nbsp;Non-controlling Interest in Net Income of Consolidated Subsidiaries<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>14,725&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>16,043&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Non-controlling&nbsp;interest in net income of consolidated subsidiaries, net<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(4,053)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(4,644)</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Net Income<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>10,672&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>11,399&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Weighted average number of shares outstanding (in millions)<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,749&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,669&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Basic and Diluted Earnings per Share (in full amount)<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Net income per share<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>540.38&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>579.52&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Net income per ADS<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>21,615.20&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>23,180.80&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">US GAAP<SUP>(1)</SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Net income<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>10,874&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>12,092&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Operating revenues</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>64,166&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>67,677&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Basic and Diluted Earnings per Share (in full amount)<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Net income per share<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>550.63&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>614.78&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Net income per ADS<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>22,025.34&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>24,591.25&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Dividend relating to the period (accrual basis, in full amount)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Dividends declared per share<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>296.94&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>288.06&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Dividends declared per ADS<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>11,877.60&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>11,522.40&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Dividend paid in the period (cash basis, in full amount)<SUP>(2)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Dividends declared per share<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>407.42&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>323.59&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Dividends declared per ADS<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>16,296.80&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>12,943.60&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Consolidated Balance Sheet Data<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Indonesian GAAP<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Current assets<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>14,622&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>16,095&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Non-current assets<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>76,634&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>81,836&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Total assets<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>91,256&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>97,931&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Current liabilities<SUP>(3)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>27,218&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>26,892&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Non-current liabilities<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>20,444&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>21,544&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Total liabilities<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>47,662&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>48,436&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">non-controlling interest</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,684&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>10,933&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Capital stock<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>5,040&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>5,040&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Total stockholders&#8217; equity<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>33,910&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>38,562&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Total liabilities and stockholders&#8217; equity<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>91,256&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>97,931&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">US GAAP<SUP>(1)</SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Current assets<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>15,482&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>18,381&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Non-current assets<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>76,636&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>83,100&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Total assets<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>92,118&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>101,481&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Current liabilities<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>27,524&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>26,931&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Non-current liabilities<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>20,262&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>22,522&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Total liabilities<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>47,786&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>49,453&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Non-controlling interest in net assets of subsidiaries<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,605&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>11,067&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Total stockholders&#8217; equity<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>34,727&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>40,961&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Total liabilities and stockholders&#8217; equity<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>92,118&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>101,481&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 8.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>* As restated. <SUP></SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 8.65pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

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



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=windowtext>(1)&nbsp;&nbsp; US GAAP amounts reflect adjustments resulting from differences in the accounting treatment of voluntary termination benefits, foreign exchange differences capitalized on assets under construction, interest capitalized on assets under construction, revenue-sharing arrangements, employees benefits, equity in net loss (income) of associated companies, amortization of land rights, revenue recognition, amortization of goodwill, finance leases, acquisition of Mitratel, asset retirement obligations, deferred taxes, available-for-sale securities, amendment and restatement of JOS in Regional Division VII and non-controlling interests.</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(2)&nbsp;&nbsp; In 2008, we paid a dividend computed as a cash dividend and special dividend for 2007 of Rp455.87 per share less the interim cash dividend of Rp48.45 per share paid in November 2007. In 2009, we paid a cash dividend for 2008 of Rp296.94 per share and interim cash dividend 2009 of Rp26.65 per share.</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=windowtext>(3)&nbsp;&nbsp;&nbsp;Includes current maturities of long-term debt.</FONT></P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center">- 12 -</P>

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

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Exchange Controls</FONT></B></P>

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

<P style="MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Exchange Rate Information</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The following table shows the exchange rate of Indonesian Rupiah to US Dollar based on the middle exchange rate&nbsp;which is calculated based on the Bank Indonesia buying and selling rates for the periods indicated. </FONT></P>

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

<DIV align=left>

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



<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>at Period End</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Average</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Low</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>High</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Calendar Year</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="64%" colSpan=7>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(Rp Per US$1)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2008&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(1)</FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>10,950&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,757&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>12,151&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,051&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2009&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(1)</FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,400&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>10,356&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>11,980&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,400&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2010&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(1)</FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8,991&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,078&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,365&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8,924&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2011&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(1)</FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,068&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8,773&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,170&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8,508&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2012&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,670&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,380&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,707&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8,892&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">September<SUP>(2)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,588&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,566&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,593&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,450&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">October<SUP>(2)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,615&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,597&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,615&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,583&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">November<SUP>(2)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,605&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,628&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,643&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,603&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">December<SUP>(2)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,670&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,646&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,707&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,598&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2013&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,667&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,687&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,740&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,634&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">January<SUP>(2)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,698&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,687&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,740&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,635&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">February<SUP>(2)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,667&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,687&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,725&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,634&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">March (through March 22)<SUP>(2)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,743&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,704&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,743&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,678&nbsp;</FONT></P></TD></TR></TABLE></DIV>

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

<DIV align=left>

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



<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">Source: Bank Indonesia</FONT></I></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><I></I>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(1)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;&nbsp;&nbsp;&nbsp; Determined based upon the last day middle exchange rate of each month announced by Bank Indonesia applicable for the period.</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(2)</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">&nbsp;&nbsp;&nbsp;&nbsp; Determined based upon the daily middle exchange rate announced by Bank Indonesia during the applicable period. </FONT></P></TD></TR></TABLE></DIV>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Under the current exchange rate system, the exchange rate of the Indonesian rupiah is determined by the market, reflecting the interaction of supply and demand in the market. However, Bank Indonesia may take measures to maintain a stable exchange rate. For the year 2012, the average rate of Rupiah to the US Dollar was Rp9,380, with the lowest and highest&nbsp;rates being Rp9,707 and Rp8,892, respectively.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The exchange rates used for translation of monetary assets and liabilities denominated in foreign currencies are the buy and sell rates published by Reuters in 2010, 2011 and 2012. The Reuters buy and sell rates, applied respectively to monetary assets and liabilities, were Rp9</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">005 and Rp9</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">015 to US$1.00 as of December 31, 2010, Rp9,060 and Rp9,075 to US$1.00 as of December 31, 2011 and Rp9,630 and Rp9,645 to US$1.00 as of December 28, 2012.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Consolidated Financial Statements are stated in Rupiah. The translations of Rupiah amounts into US Dollar are included solely for the convenience of the readers and have been made using the average of the market buy and sell rates of Rp9,637.5 to US$1.00 published by Reuters on December 28, 2012.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 13 -</P>

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



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

&nbsp; <A name="page_16"></A>

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

<a name="_bclHeader16"></a><DIV>

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

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

<P style="TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">On March 22, 2013, the Reuters bid and ask rates were Rp9,740 and Rp9,745 to US$1.00.</FONT></P>

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

<P style="MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Foreign Exchange Controls</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Indonesia operates a liberal foreign exchange system that permits the free flow of foreign exchange. Capital transactions, including remittances of capital, profits, dividends and interest, are free of exchange controls. A number of regulations, however, have an impact on the exchange system. For example, only banks are authorized to deal in foreign exchange and execute exchange transactions related to the import and export of goods. In addition, Indonesian banks (including branches of foreign banks in Indonesia) are required to report to Bank Indonesia any fund transfers exceeding US$10,000. As a State-Owned Company, and based on the decree of the Head of Foreign (&#8220;PKLN&#8221;), we are required to obtain an approval from PKLN prior to acquiring foreign commercial loans and must submit periodical reports to PKLN during the term of the loans.</FONT></P>

<P style="TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">B</FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. &nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">CAPITALIZATION AND </FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">I</FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">NDEBTEDNESS&nbsp;</FONT></B></P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Not applicable. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT size=2></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">C</FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. &nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">REASON FOR THE </FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">O</FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">FFER AND </FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">U</FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">SE OF </FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">P</FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">ROCEEDS&nbsp;</FONT></B></P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Not applicable. </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN 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="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">D</FONT></B><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. &nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">RISK FACTORS</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Risks Related to Indonesia</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Political and Social Risks</FONT></I></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Current political and social events in Indonesia may adversely affect our business </FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Since 1998, Indonesia has experienced a process of democratic change, resulting in political and social events that have highlighted the unpredictable nature of Indonesia&#8217;s changing political landscape. In 1999, Indonesia conducted its first free elections for parliament and president. Indonesia also has many political parties, without any one party holding a clear majority. Due to these factors, Indonesia has, from time to time, experienced political instability, as well as general social and civil unrest. For example, since 2000, thousands of Indonesians have participated in demonstrations in Jakarta and other Indonesian cities both for and against former President Abdurahman Wahid, former President Megawati, and current President Susilo Bambang Yudhoyono as well as in response to specific issues, including fuel subsidy reductions, privatization of state assets, anti-corruption measures, decentralization and provincial autonomy and the American-led military campaigns in Afghanistan and Iraq. Although these demonstrations were generally peaceful, some turned violent.</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"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Separatist movements and clashes between religious and ethnic groups have also resulted in social and civil unrest in parts of Indonesia, such as Aceh in the past and in Papua currently, where there have been clashes between supporters of those separatist movements and the Indonesian military, including continued activity in Papua, by separatist rebels that has led to violent incidents. There have also been inter-ethnic conflict, for example in Kalimantan, as well as inter-religious conflict such as in Maluku and Poso.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Labor issues have also come to the fore in Indonesia. In 2003, the Government enacted a new labor law that gave employees greater protections. Occasional efforts to reduce these protections have prompted an upsurge in public protests as workers responded to policies that they deemed unfavorable. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">There can be no assurance that social and civil disturbances will not occur in the future and on a wider scale, or that any such disturbances will not, directly or indirectly, materially and adversely affect our business, financial condition, results of operations and prospects.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Terrorist activities in Indonesia could destabilize Indonesia, which would adversely affect our business, financial condition and results of operations, and the market price of our securities</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">There have been a number of terrorist incidents in Indonesia, including the May 2005 bombing in Central Sulawesi, the </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Bali bombings in October 2002 and 2005 and the bombings at the JW Marriot and Ritz-Carlton hotels in Jakarta in July 2009. Although the Government has successfully countered some terrorist activities in recent years and arrested several of those suspected of being involved in these incidents, terrorist incidents may continue and, if serious or widespread, might have a material adverse effect on investment and confidence in, and the performance of, the Indonesian economy and may also have a material adverse effect on our business, financial condition, results of operations and prospects and <FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">the market price of our securities. There can be no assurance that terrorist activities will not occur again in future, or that if such events do occur, they will not have an impact on business or our securities market price in Indonesia capital market. </FONT></FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Macro Economic Risks</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Negative changes in global, regional or Indonesian economic activity could adversely affect our business</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Changes in the Indonesian, regional and global economies can affect our performance. Two significant events in the past that impacted Indonesia&#8217;s economy were the Asian economic crisis of 1997 and the global economic crisis which started in 2008. The 1997 crisis was characterized in Indonesia by, among others, currency depreciation, a significant decline in real gross domestic product, high interest rates, social unrest and extraordinary political developments, while the global economic crisis that arose from the subprime mortgage crisis in the US put Indonesia&#8217;s economy under pressure, although not as severely as in 1997. The global financial markets have also experienced volatility as a result of the downgrade of US sovereign debt in 2012 and concerns over the debt crisis in the Eurozone. Uncertainty over the outcome of the Eurozone governments&#8217; financial support programs and worries about sovereign finances generally are ongoing. If the crisis becomes protracted, or extends to Asia and Indonesia, we can provide no assurance that it will not have a material and adverse effect on Indonesia&#8217;s economic growth and consequently on our business.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Adverse economic conditions could result in less business activity, less disposable income available for consumers to spend and reduced consumer purchasing power, which may reduce demand for communication services, including our services, which in turn would have an adverse effect on our business, financial condition, results of operations and prospects. There is no assurance that there will not be a recurrence of economic instability in future, or that, should it occur, it will not have an impact on the performance of our business. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Fluctuations in the value of the Indonesian Rupiah may materially and adversely affect us </FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Our functional currency is the Indonesian Rupiah. One of the most important effects of the Asian economic crisis that affected Indonesia was the depreciation and volatility in the value of the Indonesian Rupiah as measured against other currencies, such as the </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">US Dollar</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">. From 2008 to 2012, the Indonesian Rupiah per </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">US Dollar</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> exchange rate ranged from a low of Rp12,400 per </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">US Dollar</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> to a high of Rp8,460 per </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">US Dollar</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">. As a result, we recorded losses of Rp210 billion and Rp189 billion in 2011 and 2012, respectively. As of December 28, 2012, the Indonesian Rupiah per </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">US Dollar</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> exchange rate stood at Rp9,637.5 per </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">US Dollar</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">. &nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Although the Indonesian Rupiah&#8217;s value was relatively stable in 2012, this trend may change should global economic conditions change and the European financial crisis extend to Asia and Indonesia. To the extent the Indonesian Rupiah depreciates further from the exchange rates as of December 31, 2012, our obligations under our accounts payable, procurements payable and our foreign currency-denominated loans payable would increase in Indonesian Rupiah terms. Such depreciation of the Indonesian Rupiah would result in losses on foreign exchange translation, significantly affect our total expenses and net income and reduce the </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">US Dollar</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> amounts of dividends received by holders of our ADSs. We can give no assurances that we will be able to control or manage our exchange rate risk successfully in the future or that we will not be adversely affected by our exposure to exchange rate risk.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">In addition, while the Indonesian Rupiah has generally been freely convertible and transferable, from time by time, Bank Indonesia has intervened in the currency exchange markets in furtherance of its policies, either by selling Indonesian Rupiah or by using its foreign currency reserves to purchase Indonesian Rupiah. We can give no assurances that the current floating exchange rate policy of Bank Indonesia will not be modified or that the Government will take additional action to stabilize, maintain or increase the Indonesian Rupiah&#8217;s value, or that any of these actions, if taken, will be successful. Modification of the current floating exchange rate policy could result in significantly higher domestic interest rates, liquidity shortages, capital or exchange controls or the withholding of additional financial assistance by multinational lenders. This could result in a reduction of economic activity, an economic recession, loan defaults or declining subscriber usage of our services, and as a result, we may also face difficulties in funding our capital expenditures and in implementing our business strategy. Any of the foregoing consequences could have a material adverse effect on our business, financial condition, results of operations and prospects.</FONT><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> &nbsp;</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Downgrades of credit ratings of the Government or Indonesian companies could adversely affect our business</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">As of this date of the Annual Report, Indonesia&#8217;s sovereign foreign currency long-term debt is rated &#8220;Baa3&#8221; by Moody&#8217;s (upgraded from &#8220;Ba1&#8221; on January 18, 2012), &#8220;BB+&#8221; by Standard &amp; Poor&#8217;s (upgraded from &#8220;bb&#8221; on April 8, 2011) and &#8220;BBB&#8221; by Fitch Ratings (&#8220;Fitch&#8221;). Indonesia's short-term foreign currency debt is rated &#8220;B1/NP&#8221; by Moody&#8217;s, &#8220;B&#8221; by Standard &amp; Poor&#8217;s and &#8220;B&#8221; by Fitch. On January 18, 2012, Moody&#8217;s upgraded Indonesia&#8217;s long-term debt rating to investment grade status. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The likelihood of these agencies reviewing or changing these ratings downwards this year is, based on the information that we have today, low. However, we can give no assurances that Moody&#8217;s, Standard &amp; Poor&#8217;s or Fitch, will not change or downgrade the credit ratings of Indonesia. Any such downgrade could have an adverse impact on liquidity in the Indonesian financial markets, the ability of the Government and Indonesian companies, including us, to raise additional </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">financing and the interest rates and other commercial terms at which such additional financing is available. Interest rates on our floating rate Rupiah-denominated debt would also likely increase. Such events could have material adverse effects on our business, financial condition, results of operations and prospects.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Disaster Risks</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Indonesia is vulnerable to natural disasters and events beyond our control, which could adversely affect our business and operating results</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Many parts of Indonesia, including areas where we operate, are prone to natural disasters such as floods, lightning strikes, typhoons, earthquakes, tsunamis, volcanic eruptions, fires, droughts, power outages and other events beyond our control. The Indonesian archipelago is one of the most volcanically active regions in the world as it is located in the convergence zone of three major lithospheric plates. It is subject to significant seismic activity that can lead to destructive earthquakes, tsunamis or tidal waves. From time to time, natural disasters have killed, affected or displaced large numbers of people and damaged our equipment. These events in the past, and may in the future, disrupt our business activities, cause damage to equipment and adversely affect our financial performance and profit.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">In recent years, several natural disasters have occurred in Indonesia (in addition to the Asian tsunami in 2004), including tsunamis in Pangandaran in West Java in 2006 and 2010, an earthquake in Yogyakarta in Central Java in 2006, a hot mud eruption and subsequent flooding in Sidoarjo in East Java in 2006 and separate earthquakes in Papua, West Java, Sulawesi and Sumatra in 2009.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">On September 2, 2009, an earthquake in West Java caused damage to our assets. On September 30, 2009, an earthquake in West Sumatra disrupted the provision of telecommunications services in several locations. Although our Crisis Management Team in cooperation with our employees and partners was able to restore services quickly, the earthquake </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">caused severe damage to our assets. There were a number of earthquakes detected in 2010, although none of them presented significant risks to our business in general.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Flash floods and more widespread flooding occur regularly during the rainy season from November to April. Cities, especially Jakarta, are frequently subject to severe localized flooding which can result in major disruption, and occasionally fatalities. Jakarta experienced significant floods in February 2007 as did in Solo in Central Java in January. In January 2009, torrential rain caused a dam to burst outside Jakarta, flooding hundreds of homes in a densely populated neighborhood, resulting in the death of approximately 100 people. Landslides regularly occur in rural areas during the wet season.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">There are numerous volcanoes in Indonesia, any of which can erupt without warning. In October and November 2010, Mount Merapi in Central Java erupted several times, killing an estimated 140 persons, displacing several hundred thousand others in a 20 km radius, causing billions of dollars of property damage and disrupting air travel. Since April 2008, Mount Soputan in North Sulawesi, Mount Egon in Flores Island, Nusa Tenggara, Mount Ibu in North Maluku and Anak Krakatau in the Sunda Strait have shown significant increased volcanic activity. Mount Sinabung, 60 km (40 miles) southwest of Sumatra's main city Medan, erupted on August 29, 2010 after lying dormant for 400 years. Ash and acrid smoke from the volcano have blanketed villages and crops.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">In 2010, our submarine cables forming part of our backbone suffered damage due to a tsunami in West Sumatra and an earthquake in Sumbawa. These were repaired.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Although we have implemented a Business Continuity Plan (&#8220;BCP&#8221;) and a Disaster Recovery Plan (&#8220;DRP&#8221;), and test these regularly and we have insured our assets to protect from any losses attributable to natural disasters or other phenomena beyond our control, there is no assurance that the insurance coverage will be sufficient to cover the potential losses</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, that the premium payable for these insurance policies upon renewal will not increase substantially in the future, </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">or that natural disasters would not significantly disrupt our operations. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">There are no assurances that future geological or meteorological occurrences will not have a significant impact on Indonesian and its economy. A significant earthquake, other geological disturbance or weather-related natural disaster in any of Indonesia&#8217;s more populated cities and financial centers could severely disrupt the Indonesian economy and undermine investor confidence, thereby materially and adversely affecting our business, financial condition, results of operations and prospects.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Our operations may be adversely affected by an outbreak of avian influenza, Influenza A (H1N1) virus or other epidemics</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">An outbreak of avian influenza, Influenza A (H1N1) virus or a similar epidemic, or the measures taken by the Governments of affected countries, including Indonesia, against such an outbreak, could severely disrupt the Indonesian and other economies and undermine investor confidence, thereby materially and adversely affecting our financial condition or results of operations and the market value of its securities. Moreover, our operations could be materially disrupted if our employees remained at home and away from our principal places of business for extended period of time,&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">which would have a material and adverse effect on our financial condition or results of operations and the market value of its securities.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Other Risks </FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Indonesian Corporate Disclosure Standards differ in significant respects from those applicable in other countries, including the United States </FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">As an IDX, NYSE and LSE listed company, we are subject to regulatory and exchange corporate governance and reporting requirements in multiple jurisdictions. There may be less publicly-available information about Indonesian public companies, including us, than is regularly disclosed by public companies in countries with more mature securities markets. As a result, investors may not have access to the same level and type of disclosure as that available in other countries, and comparisons with other companies in other countries may not be possible in all respects.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Our financial results are reported herein in conformity with IFRS; however, we report our financial results to OJK (the&nbsp;successor to&nbsp;Bapepam-LK) in conformity with IFAS, which differs in certain significant respects from IFRS, and we distribute dividends based on profit for the year attributable to owners of the parent company and net income per share determined in reliance on IFAS</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">In accordance with regulations of the OJK and the IDX, we are required to report our financial results to OJK in conformity with IFAS. We have provided to OJK our financial result for the financial year ended December 31, 2012 on March 6, 2013, which we furnished to the SEC on a Form 6-K&nbsp;on March 11, 2013, which contains our audited Consolidated Financial Statements as of December 31, 2011 and 2012 and for the years then ended and as of January 1, 2011, prepared in conformity with IFAS. IFAS differs in certain significant respects from IFRS, and, as a result, there are </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">differences between our financial results as reported under IFAS and IFRS, including profit for the year attributable to owners of the parent company and net income per share. We distribute dividends based on profit for the year attributable to owners of the parent company and net income per share determined in reliance on IFAS.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Using IFAS results, our profit for the year attributable to owners of the parent company would be Rp10,965 billion and Rp12,850 billion for 2011 and 2012, and our net income per share would be Rp559.67 and Rp669.19 for 2011 and 2012. Dividends declared per share were Rp371.05 for 2011. The dividends per share for the year 2012 will be decided at the 2013 AGMS, scheduled for April 2013. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 5pt" lang=EN-US color=black face="Times New Roman"></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">We are incorporated in Indonesia, and it may not be possible for investors to affect service of process, or enforce judgments, on us within the United States, or to enforce judgments of a foreign court against us in Indonesia</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">We are a limited liability company incorporated in Indonesia, operating within the framework of Indonesian laws relating to Indonesian companies with limited liability, and all of our significant assets are located in Indonesia. In addition, our Commissioners and our Directors reside in Indonesia and a substantial portion of the assets of such persons are located outside the United States. As a result, it may be difficult for investors to effect service of process, or enforce judgments on us or such persons within the US, or to enforce against us or such persons in the US, judgments obtained in US courts.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">We have been advised by Hadiputranto, Hadinoto &amp; Partners our Indonesian legal advisor that judgments of US courts, including judgments predicated upon the civil liability provisions of the US federal securities laws or the securities laws of any state within the US, are not enforceable in Indonesian courts, although such judgments could be admissible as non-conclusive evidence in a proceeding on the underlying claim in an Indonesian court. They have also advised that there is doubt as to whether Indonesian courts will enter judgments in original actions brought in Indonesian courts predicated solely upon the civil liability provisions of the US federal securities laws or the securities laws of any state within the US. As a result, the claimant would be required to pursue claims against us or such persons in Indonesian courts.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Our controlling shareholder&#8217;s interest may differ from those of our other shareholders</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The Government has a controlling stake of 53.9% of our issued and outstanding shares of common stock and the ability to determine the outcome of all actions requiring the approval of the shareholders. The Government also holds our one Series A Dwiwarna share, which has special voting rights and veto rights over certain matters, including the election and removal of our Directors and Commissioners. It may also use its powers as majority shareholder or under the Dwiwarna share to cause us to issue new shares, amend our Articles of Association or bring about actions to merge or dissolve us, increase or decrease our authorized capital or reduce our issued capital, or veto any of these actions. One or more of these may result in the delisting of our securities from certain exchanges. Further, through the MoCI, the Government exercises regulatory power over the Indonesian telecommunications industry. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">As of December 31, 2012, the Government had a 14.29% equity stake in PT Indosat Tbk. ("Indosat"), our competitor, principally in fixed IDD telecommunications services, and the competitor in cellular services of our majority owned subsidiary, Telkomsel. The Government's stake includes the Series A </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Dwiwarna&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> share which has special voting rights and veto rights over certain strategic matters under Indosat's Articles of Association, including decisions on dissolution, liquidation and bankruptcy, and also permits the Government to nominate one Director to its Board of Directors and one Commissioner to its Board of Commissioners. There may thus be instances where Government interests will conflict </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">with ours. There is no assurance that the Government will not direct opportunities to Indosat or favor Indosat when exercising regulatory power over the Indonesian telecommunications industry. If the Government were to give priority to Indosat&#8217;s business over ours or to expand its stake in Indosat, our business, financial condition, and results of operations and prospects could be materially and adversely affected. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Risks Related to Our Business</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">A material failure in the continuing operations of our network, certain key systems, gateways to our network or the networks of other network operators could adversely affect our business, financial condition, results of operations and prospects</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We depend to a significant degree on the uninterrupted operation of our network to provide our services. For example, we depend on access to our fixed wireline network (&#8220;PSTN&#8221;) for the operation of our fixed line network and the termination and origination of cellular telephone calls to and from fixed line telephones, and a significant portion of our cellular and international long-distance call traffic is routed through the PSTN. We also depend on access to a fixed wireless network (&#8220;CDMA&#8221;), an internet and broadband network and a cellular network. Our integrated network includes a copper access network, fiber optic access network, BTSs, switching equipment, optical and radio transmission equipment, an IP core network, satellite and application servers. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In addition, we also rely on interconnection to the networks of other telecommunications operators to carry calls and data from our subscribers to the subscribers of operators both within Indonesia and overseas. We also depend on certain technologically sophisticated management information systems and other systems, such as our customer billing system, to enable us to conduct our operations. Our network, including our information systems, IT and infrastructure and the networks of other operators with whom our subscribers interconnected, are vulnerable to damage or interruptions in operation from a variety of sources including earthquake, fire, flood, power loss, equipment failure, network software flaws, transmission cable disruption or similar events. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Although we have a comprehensive&nbsp;business continuity plan&nbsp;and a recovery plan&nbsp;which we test and strive to improve, we cannot guarantee that the implementation of such plans will be completely or partially successful should any portion of network be severely damaged or interrupted. Any failure that results in an interruption of our operations or of the provision of any service, whether from operational disruption, natural disaster or otherwise, could adversely affect our business, financial condition, results of operations and prospects.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our networks, particularly our wireline access network, face both potential physical and cyber security threats, such as theft, vandalism and acts intended to disrupt operations, which could adversely affect our operating results</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our networks and equipment, particularly our wireline access network, face both potential physical and cyber security threats. Physical threats include theft and vandalism of our equipment and organized attacks against key infrastructure intended to disrupt operations. In addition, telecommunications companies worldwide face increasing cyber security threats as businesses become increasingly dependent on telecommunications and computer networks and adopt cloud computing technologies. Cyber security threats include gaining unauthorized access to our systems or inserting computer viruses or malicious software in our systems to misappropriate consumer data and other sensitive information, corrupt our data or disrupt our operations. Unauthorized access may also be gained through traditional means such as the theft of laptop computers, portable data devices and mobile phones and intelligence gathering on employees with access. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Although we have not experienced any material successful cyber attacks to date that have affected our operations, a successful cyber attack may lead us to incur substantial costs to repair damage or restore data, implement substantial organizational changes and training to prevent future similar attacks and lost revenues and litigation costs due to misused sensitive information, and cause substantial reputational damage. We take preventive and remedial measures, including enhanced cooperation with the police, particularly in areas prone to criminal activity and regular upgrades of our data security measures. However, there is no assurance that our physical and cyber security measures will be successful. Damage to our network, equipment or data and the need to repair such damage resulting from a physical or cyber attack may materially and adversely affect our business, financial condition and operating results. Our networks, particularly our wireline access network, face potential security threats, such as theft or vandalism, which could adversely affect our operating results.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">We face a number of risks relating to our internet-related services</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In addition to cyber security threats, because we provide connections to the internet and host websites for customers and develop internet content and applications, we may be perceived as being associated with the content carried over our network or displayed on websites that we host. We cannot and do not screen all of this content and may face litigation claims due to a perceived association with this content. These types of claims can be costly to defend, divert management resources and attention, and may damage our reputation.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">A revenue leakage might occur due to internal weaknesses or external factors and if this happened it could have an adverse effect on our operating results</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A revenue leakage is a generic risk for all telecommunications operators. We may face revenue leakage problems, or problems with collecting all the revenues to which we may be entitled, due to the possibility of weaknesses at the transactional level, delay in transaction processing, dishonest customers or other factors. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We have taken some preventive measures against the possibility of revenue leakage by increasing control functions in all of our existing business process, implementing revenue assurance methods, employing adequate policies and procedures as well as implementing information systems applications to minimize revenue leakages. Nonetheless, there is no assurance that in the future there will be no significant revenue leakages or that any such leakages will not have a material adverse affect on our operating results</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">.&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">New technologies may adversely affect our ability to remain competitive</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The telecommunications industry is characterized by rapid and significant changes in technology. We may face increasing competition due to technologies currently under development or which may be developed in the future. Future development or application of new or alternative technologies, services or standards could require significant changes to our business model, the development of new products, the provision of additional services and substantial new investments by us. New products and services may be expensive to develop and may result in the introduction of additional competitors into the marketplace. We cannot accurately predict how emerging and future technological </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">changes will affect our operations or the competitiveness of our services. Furthermore, we cannot guarantee that we will be able to effectively integrate new technologies into our existing business model.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">To maintain and strengthen the growth of our business, we are currently undergoing a transformation to the&nbsp;TIMES&nbsp;&nbsp;business. As part of our transformation to a TIMES business, we are seeking to develop new businesses through which we also provide content to our telecommunications subscribers. We do not yet have substantial experience as a content provider therefore we cannot assure you that we will be able to effectively manage the growth of this business. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We cannot assure you that our technologies will not become obsolete, or be subjected to competition from new technologies in the future, or that we will be able to acquire new technologies necessary to compete in changed circumstances on commercially acceptable terms. Our failure to react to rapid technological changes could adversely affect our business, financial condition, results of operations and prospects.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Our satellites have limited operational life they may be damaged or destroyed during in-orbit operation or suffer launch delays or failures. The loss or reduced performance of our satellites, whether caused by equipment failure or its license being revoked, may adversely affect our financial condition, results of operations and ability to provide certain services</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our Telkom-1 and Telkom-2 satellites have a limited operational life, currently estimated to end approximately in 2015 and 2020, respectively. A number of factors affect the operational lives of satellites, including the quality of their construction, the durability of their systems, subsystems and component parts, on-board fuel reserves, accuracy of their launch into orbit, exposure to micrometeorite storms, or other natural events in space, collision with orbital debris, or the manner in which the satellite is monitored and operated. We currently use satellite transponder capacity on our satellites in connection with many aspects of our business, including direct leasing of such capacity and routing for our international long-distance and cellular services. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Moreover, International Telecommunication Union (&#8220;ITU&#8221;) regulations specify that a designated satellite slot has been allocated for Indonesia, and the Government has the right to determine which party is licensed to use such slot. While we currently hold a license to use the designated satellite slot, in the event our Telkom-1 and Telkom-2 satellites experience technical problems or failure, the Government may determine that we have failed to optimize the existing slot under our license, which may result in the Government withdrawing our license. We cannot assure you that we will be able to maintain use of the designated satellite slot in a manner deemed satisfactory by the Government.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In anticipation of the growth in demand for satellite services and to support our business strategy with regard to providing TIME services, we signed a contract in 2009 for the procurement of the Telkom-3 Satellite System. However, due to a launch failure in August 2012, the Telkom-3 satellite ended up in an unusable orbit. Although we had fully insured the cost of the satellite, the loss of the Telkom-3 satellite will require us to lease transponder capacity from a third-party provider to fulfill our commitments to our satellite operations customers, with likely lower margins than we would have received from the use of Telkom-3 had it been successfully launched. In addition, we would also need to commission the development and launch of another satellite to replace our Telkom-1 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">satellite before the end of its anticipated operational lifespan. As it generally requires approximately three years for a satellite to be developed and launched, although the Telkom-1 satellite may still be operational for several years after the end of its currently estimated operational lifespan in 2015, if there is any delay in the development and launch of a replacement satellite, or if the operational life of the Telkom-1 satellite ends before the replacement satellite is successfully launched, or damage or failure renders our existing satellites unfit for use, we would need to lease additional transponder capacity from a third party, which would likely increase our costs of operations. Failure to lease adequate satellite capacity from a third-party provider may also result in service interruptions and/or a cessation of our satellite </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">operations. The termination of our satellite business could increase expenses associated with our provision of other telecommunications services, particularly in the eastern parts of Indonesia which currently rely largely on satellite coverage for telecommunications services, and could adversely affect our business, financial condition and results of operations. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">We are exposed to interest rate risk</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our debt includes bank borrowings to finance our operations. Where appropriate, we seek to minimize our interest rate risk exposure by entering into interest rate swap contracts to swap floating interest rates for fixed interest rates over the duration of certain of borrowings. However, our hedging policy may not adequately cover our exposure to interest rate fluctuations and this may result in a large interest expense and an adverse effect on our business, financial condition and results of operations</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">.&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">We may not be able to successfully manage our foreign currency exchange risk</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Changes in exchange rates have affected and may continue to affect our financial condition and results of operations. Most of our debt obligations are denominated in Indonesian Rupiah and a majority of our capital expenditures are denominated in </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">US Dollars</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">. Most of our revenues are denominated in Indonesian Rupiah and a portion is denominated in </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">US Dollars</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> (for example from international services). We may also incur additional long-term indebtedness in currencies other than the Indonesian Rupiah, including the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">US Dollars</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, to finance further capital expenditures. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Overall, our financial risk management program aims to minimize losses on the financial assets and financial liabilities arising from fluctuation of foreign currency exchange rates. We have a written policy for foreign currency risk management, which mainly covers time deposits placements and hedging to cover foreign currency risk exposure for periods ranging from three up to twelve months.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">We use a hedging policy to protect our business from extreme currency exchange risk, based on annual net open positions in foreign currency. The implementation of our hedging policy is reviewed monthly to anticipate extreme changes in currency exchange rates. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Although the exchange rate of the Indonesian Rupiah to the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">US Dollar was relatively stable in </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">2012 at the level of Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">9,000&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> per </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">US Dollar</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, we can give no assurance you that we will be able to manage our exchange rate risk successfully in the future or that our business, financial condition or results of operations will not be adversely affected by our exposure to exchange rate risk. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">We may be unable to fund the capital expenditures needed for us to remain competitive in the telecommunications industry in Indonesia</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The delivery of telecommunications services is capital intensive. In order to be competitive, we must continually expand, modernize and update our telecommunications infrastructure technology, which involves substantial capital investment. For the years ended December 31, 2010, 2011 and 2012, our actual consolidated capital expenditures totaled Rp12,651 billion, Rp14,603 billion and Rp17,272 billion (US$1,792 million), respectively. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our ability to fund capital expenditures in the future will depend on ou</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">r future operating performance, which is subject to prevailing economic conditions, levels of interest rates and financial, business and other factors, many of which are beyond our control, and upon our ability to obtain additional external financing. We cannot assure you that additional financing will be available to us on commercially acceptable terms, or at all. In addition, we can only incur additional financing in compliance with the terms of our debt agreements. Accordingly, we cannot assure you that we will have sufficient capital resources to improve or expand our telecommunications infrastructure technology or update our other technology to the extent necessary to remain competitive in the Indonesian telecommunications market. Our failure to do so could have a material adverse effect on our business, financial condition, results of operations and prospects.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Legal and Compliance Risks</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><STRONG><EM><FONT size=2></FONT></EM></STRONG>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">If we are found liable for price fixing by the Indonesian Anti-Monopoly Committee and for class action allegations, we may be subject to substantial liability which could lead to a decrease in our revenue and affect our business, reputation and profitability </FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">On November 1, 2007, the Indonesian Supervising Committee for Business Competition (&#8220;KPPU&#8221;) issued a preliminary decision regarding an investigation involving us, our majority-owned subsidiary Telkomsel and seven other </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">telecommunication companies based on allegations of price-fixing for SMS services and breach of Article 5 of the Anti-monopoly Law (&#8220;Law No.5/1999&#8221;). On June 18, 2008, the KPPU determined that our Company, Telkomsel, PT XL Axiata Tbk. (&#8220;XL&#8221;), PT Bakrie Telecom Tbk. (&#8220;Bakrie Telecom&#8221;), PT Mobile-8 Telecom Tbk. (now Smartfren) (&#8220;Mobile-8&#8221;) and PT Smart Telecom (&#8220;Smart Telecom&#8221;) had jointly breached Article 5 of Law No.5/1999. We and Telkomsel appealed the KPPU&#8217;s ruling to the Bandung District Court and the South Jakarta District Court, respectively. On April 11, 2011, the Supreme Court ordered a consolidation of the appeals and appointed the Central Jakarta District Court to handle the appeals.</FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=red face="Times New Roman"> </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">See Item 8 &#8220;Financial Information </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&#8211; Consolidated Statements and Other Financial <FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Information&#8211;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Material Litigation&#8221;. If the District Court issues a verdict against our Company and/or Telkomsel, we could be subjected to the payment of a fine, the amount of which will be subject to the discretion of the District Court, which could have an adverse effect on our business, reputation and profitability.</FONT></FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Class action lawsuits were filed against Telkomsel and Indosat during 2007 and 2008 in the District Court of Bekasi, the Central Jakarta District Court and the Tangerang District Court, relating to Temasek HoldingS (Private) Limited prior cross ownership of shares in Telkomsel and Indosat, alleging price fixing of telecommunications services. The plaintiffs withdrew the lawsuit filed with the District Court of Bekasi. On January 27, 2010, the court dismissed the class action filed with the Central Jakarta District Court on the basis that the plaintiffs did not establish their legal standing and that two members of the plaintiff class did not qualify as class representatives. On May 24, 2010, the court dismissed the class action filed with the Tangerang District Court on the basis that the plaintiffs failed to establish their legal standing as class representatives.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">There can be no assurance that other subscribers, people, or partners will not file similar cases in the future. If a District Court in any new class action suit, issues a verdict in favor of such plaintiff, it could have an adverse effect on our business, reputation and profitability.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Forward-looking statements may not be accurate</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">This Annual Report incorporates forward-looking statements that include announcements regarding our current goals and projections of our operational performance and future business prospects. The words &#8220;believe&#8221;, &#8220;expect&#8221;, &#8220;anticipate&#8221;, &#8220;estimate&#8221;, &#8220;project&#8221; and similar words identify forward-looking statements. In addition, all statements, other than statements that contain historical facts, are forward-looking statements. While we believe that the expectations contained in these statements are reasonable, we cannot give an assurance that they will be realized. These forward-looking statements are subjected to a number of risks and uncertainties, including changes in the economic, social and political situation in Indonesia and other risks described in "Risk Factors". All forward-looking statements, written or verbal, made by us or by persons on behalf of us are deemed to be subject to those risks.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Regulation Risks </FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=EN-US color=black face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">We operate in a legal and regulatory environment that is undergoing significant change. These changes may result in increased competition, which may result in reduced margins and operating revenue, among other things. These changes may also directly</FONT></I><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman"> </FONT></B><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">reduce our margins or reduce the costs of our competitors. These adverse changes resulting from regulation may have a material adverse effect on us </FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Reformation in Indonesian telecommunications regulation initiated by the Government in 1999 have, to a certain extent, resulted in the industry&#8217;s liberalization, including removal of barriers to entry and the promotion of competition. However, in recent years, the volume and complexity of regulatory changes has created an environment of considerable regulatory uncertainty. In addition, as the legal and regulatory environment of the Indonesian telecommunications sector continues to change, competitors, potentially with greater resources than us, may enter the Indonesian telecommunications sector and compete with us in providing telecommunications services. Furthermore, it is impossible to anticipate the regulatory policies that will be applied to new technologies.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">We derive substantial revenue from interconnection services because we have the largest network in Indonesia and our competitors must pay tariffs to connect to our network. As regulated by the MoCI, interconnection rates have decreased in recent years. The current interconnection rates, effective in 2011, reduced rates by an average of 1.5% to 3.0% compared to the previous rates effective in 2008. See Item 4 &#8220;Information on the Company </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&#8211; Legal Basis and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Regulation </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&#8211; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Interconnection&#8221;.&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">To cite another example, in 2008, the Government required telecommunications operators to allow competitors to utilize their towers without discrimination. Our competitors enjoy disproportionately greater potential cost savings than us under this regulation because we have the largest network and have already spent to build towers in various areas. Further, our competitors gain access to areas they otherwise would have no access to because tower sites in densely populated urban areas are scarce or unavailable while we benefit substantially less because we secured sites in many such areas. See Item 4 &#8220;Information on the Company </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&#8211; Legal Basis and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Regulation </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&#8211; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Telecommunications Towers&#8221;.</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"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">In the future, the Government may announce or implement other regulatory changes which may adversely affect our business or our existing licenses. We cannot assure you that we will be able to compete successfully with other domestic and foreign telecommunications operators, that regulatory changes will not disproportionately reduce our competitors&#8217; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">costs or disproportionately reduce our revenues, or that regulatory changes, amendments or interpretations of current or future laws and regulations promulgated by the Government will not have a material adverse effect on our business and operating results.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The termination of Telkomsel&#8217;s premium SMS services has resulted in a substantial reduction of our revenues from these services. Similar action by the Indonesian Telecommunications Regulatory Authority (&#8220;ITRA&#8221;) or MoCI in the future from similar services or other related or new products may likewise reduce or restrict the growth of our revenues. The </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITRA or MoCI may also take more aggressive action that may lead to disruptions in the delivery of Telkomsel&#8217;s products or fines or other administrative sanctions. Any of these factors may materially and adversely affect our results of operations and financial condition. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The entry of additional Indonesian telecommunications operators as providers of international direct dialing services could adversely affect our international telecommunications services operating margins, market share and results of operations</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">We obtained a license and entered the international long-distance service market in 2004, and acquired a significant market share for IDD services by the end of 2006. Indosat, one of our primary competitors, entered this market prior to us and continues to maintain a substantial market share for IDD services. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Bakrie Telecom was awarded an IDD license in 2009 to provide international long distance service using the &#8220;009&#8221; access code, although Bakrie Telecom has not yet obtained an IDD operating license. There is a possibility that other operators will be granted IDD licenses in the future. The operations of incumbents and the entrance of new operators into the international long-distance market, including the VoIP services provided by such operators, continue to pose a significant competitive threat to us. We cannot assure you that such adverse effects will not continue or that such increased competition will not continue to erode our market share or adversely affect our fixed telecommunications services operating margins and results of operations.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">We face risks related to the opening of new long distance access codes</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">In an attempt to liberalize DLD services, the Government issued regulations assigning each provider of DLD services a three-digit access code to be dialed by customers making DLD calls. In 2005, the MoCI announced that three-digit access codes for DLD calls will be implemented gradually within five years and that it would assign us the &#8220;017&#8221; DLD access code for five major cities, including Jakarta, and allow us to progressively extend it to all other area codes. Indosat was assigned &#8220;011&#8221; as its DLD access code. We were required to open DLD access codes in all remaining areas on September 27, 2011, by which date our network was ready to be opened up to the three-digit DLD access codes in all coded areas throughout Indonesia. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">However, we believe that the cost for operators who have not upgraded their network infrastructure to open their networks to the three-digit access codes to do so is significant. To date, neither of the OLOs have made a request to us to connect their networks to enable their DLD access codes to be accessible, other than with respect to Balikpapan, and as such, we believe that except with respect to Balikpapan, none of the DLD access codes for any of the licensed operators are </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">usable&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> by customers of other operators. However, if they do so in the future, the implementation of any new DLD access codes can potentially increase competition by offering our subscribers more options for DLD services. In addition, the opening of new DLD access codes is expected to result in increased competition and less cooperation among industry incumbents, which may result in reduced margins and revenues, among other things, all of which may have a material adverse effect on us.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">New regulations for the configuration of BTS towers may delay the set up of new BTS towers or changes in the placement of existing towers, and may erode our leadership position by requiring us to share our towers with our competitors</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">In 2008 and 2009, the Government issued regulations relating to the construction, utilization and sharing of BTS towers. Pursuant to the regulations, the construction of BTS towers requires permits from the local government. The local government has a right to determine the placement of the towers, the location in which the towers can be constructed, and also to determine a license fees to build tower infrastructure. These regulations also obligate us to allow other telecommunication operators to lease space and utilize our telecommunications towers without any discrimination. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">These regulations may adversely affect in the allocation, development or expansion plan of our new BTS towers as setting up of our new towers will become more complicated. They may also adversely affect our existing BTS towers if local governments required any changes in the placement of the existing towers. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The requirement that we share space on our cellular (Telkomsel) towers and our fixed wireless (Telkom Flexi) towers may also disadvantage us by requiring that we allow our competitors to expand quickly, particularly in urban areas where new space for additional towers may be difficult to obtain. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Effective 2011, local Governments are permitted to assess fees of up to 2.0% of the tax assessed value of towers. Although we do not expect the amount of these fees to be material in 2012, there can be no assurance that they will not be substantial in the future.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Competition Risks Related to Our Fixed Telecommunication Business</FONT></I></B><B><I><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> </FONT></U></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=IN color=black face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">We may further lose wireline telephone subscribers and revenues derived from our wireline voice services may continue to decline, which may materially adversely affect our results of operations, financial condition and prospects</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">We continued to lose wireline telephone subscribers and revenues derived from our wireline voice services continued to decline during the past several years mainly due to the increasing popularity of mobile voice services and other alternative means of communication, such as VoIP. Tariffs for mobile services have declined in recent years which has further accelerated substitution of mobile for wireline voice services. The number of our fixed wireline subscribers </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">increased by 3.6% at the end of 2011 compared to that at the end of 2010 and increased by 4.0% at the end of 2012. Revenues from our wireline voice services decreased by 6.5% in 2011 compared to that in 2010 and decreased by 8.2% in 2012. The percentage of revenues derived from our wireline voice services out of our total revenues continued to decrease, from 14.4% in 2011 to 12.2% in 2012.</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">We have been taking various measures in order to mitigate the impact of loss of our wireline telephone subscribers and stabilize our revenues from wireline voice services. However, we cannot assure you that we will be successful in mitigating the adverse impact of the substitution of mobile voice services and other alternative means of communication for wireline voice services or in reducing the rate of decline in our revenues generated from wireline voice services. Migration from wireline voice services to mobile services and other alternative means of communication may further intensify in the future, which may affect the financial performance of our wireline voice services and thus materially and adversely affect our results of operations, financial condition and prospects as a whole. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT dir=rtl color=black><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=AR-SA color=black face="Times New Roman"></FONT></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Our fixed wireless business is subject to intense competition</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Our fixed wireless telephone business faces competition from an increasing number of operators, including Bakrie Telecom and Indosat, as well as mobile cellular services, SMS, VoIP services and e-mail. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black 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=black face="Times New Roman">Competition in the cellular and fixed wireless markets has remained intense, with each operator launching increasingly attractive and creative marketing programs. The lower average tariffs due to intense competition in the cellular market has in part lead to declining ARPU for Telkom Flexi, with blended monthly prepaid and postpaid ARPU decreasing from approximately Rp15,000 in 2010, Rp9,500 in 2011, and Rp8,700 in 2012.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> In addition, while fixed wireless tariffs were previously generally lower than GSM mobile cellular tariffs, in part due to regulatory changes in December 2010 in how right-of-use fees are calculated, tariff differences between fixed wireless services and GSM mobile cellular services are now generally negligible. As a result, our fixed wireless revenue tend to decline, from Rp1,342 billion as of December 31, 2011 and Rp1,225 billion as of December 31, 2012.</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"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">We have been taking various measures in order to mitigate the impact of intense competition in our fixed wireless business and the limited capacity of bandwidth. However, we cannot assure you that we will be successful in mitigating the adverse impact. Competition may further intensify in the future, which may affect the financial performance of our fixed wireless services and thus materially and adversely affect our results of operations, financial condition and prospects as a whole.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Our data and internet services are facing increasing competition, and we may experience declining margins from such services as such competition </FONT></I><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">intensifies &nbsp;</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Our data and internet services are facing increase competition from other data and internet operators as well as mobile operators. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Wireless broadband access operators (such as PT Link Net or "First Media") that received licenses in 2009 for Wi-Max technology began to establish their businesses in the fourth quarter of 2010. Other wireless broadband operators established their businesses </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">in 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">. The increased number of operators will adversely affect our market share and revenues from our Speedy broadband service. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The number of broadband mobile subscribers have increased with the Blackberry&#8217;s popularity. The increasing use of mobile broadband services also adversely affects our market share and revenues from our fixed data and internet services.</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"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">We have been taking various measures in order to mitigate the impact of intense competition in our data and internet businesses. However, we cannot assure you that we will be successful in mitigating such adverse impact. Competition may further intensify in the future, which may affect the financial performance of our data and internet services and thus materially and adversely affect our results of operations, financial condition and prospects as a whole.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Competition Risks Related to Our Cellular Business (Telkomsel</FONT></I></B><B><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">) &nbsp;</FONT></I></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Competition from existing service providers and new market entrants may adversely affect our cellular services business</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The Indonesian cellular services business is highly competitive. Competition among cellular services providers in Indonesia is based on various factors, including pricing, network quality and coverage, the range of services, features offered and customer service. Our cellular services business, operated through our majority-owned subsidiary, Telkomsel, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">competes primarily against Indosat and XL. Several other smaller GSM and CDMA operators also provide cellular services in Indonesia, including PT Hutchison CP Telecommunications (&#8220;Hutchison&#8221;), PT Natrindo Telepon Seluler (&#8220;Natrindo&#8221; or &#8220;AXIS&#8221;), Smart Telecom and Bakrie Telecom. In addition to current cellular service providers, the MoCI may license additional cellular service providers in the future, and such new entrants may compete with us. </FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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=black face="Times New Roman"></FONT></P><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">We believe that competition in the cellular services business will intensify further. New and existing cellular services providers may offer more attractive product and service packages or new technologies or the convergence of various </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">telecommunications services, resulting in higher churn rates, lower ARPU or a reduction of, or slower growth in, our cellular subscriber base.</FONT>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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=black face="Times New Roman">The competitive landscape in the cellular services business may also be affected by industry consolidation. In March 2010, Smart Telecom and Mobile-8 announced that they had entered into a cooperation agreement to use the same logo and brand under the name &#8220;Smartfren&#8221;. On January 18, 2011, Mobile-8 acquired a significant number of shares in Smart Telecom, and on April 12, 2011 PT Mobile-8 Telecom, Tbk. changed its name to PT Smartfren Telecom, Tbk., Other cellular service providers may similarly consolidate in the future.</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"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Competition from providers of new technology, together with new entrants, incumbents, and consolidated providers could adversely affect our competitive position, cellular services business, financial condition, results of operations and prospects.</FONT></P>

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<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITEM 4. <A name="IOTC"></A>INFORMATION ON THE COMPANY</FONT></B></P>

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<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A. &nbsp;&nbsp; HISTORY AND DEVELOPMENT OF THE COMPANY</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We are a limited liability company incorporated under the laws of Indonesia and domiciled in Bandung. We trade under the commercial name &#8220;Telkom&#8221;. We were converted from a state agency to a State-Owned Enterprise on September 24, 1991 and obtained status as a legal entity on November 19, 1991 for an indefinite period of time. Our registered office is located at Jl. Japati No.1, Bandung 40133, Indonesia, and our telephone number is +(62) (21) 521 5109. Our agent for service of process in the United States with respect to our ADSs is Puglisi &amp; Associate at 850 Library Avenue, Suite 204, Newark, DE, 19711. Our corporate website may be accessed at www.telkom.co.id. The information found on our corporate website does not form part of this Form 20-F and is not incorporated by reference herein. Information about the legislation under which we operate is provided elsewhere in this Form 20-F.</FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB face="Times New Roman">A description, including the amount invested, of our principal capital expenditures and divestitures (including interests in other companies), since the beginning of our last three financial years and information concerning our principal capital expenditures is contained elsewhere in this Form 20-F. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="BACKGROUND: white; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">A description of our principal capital expenditures and divestitures, since the beginning of the last three financial years to the date of this Annual Report is set forth in Item&nbsp;5 &#8220;Operating and Financial Review and Prospects &#8211; Liquidity and Capital Resources &#8211; Capital Expenditures&#8221;. Information concerning our principal capital expenditures and divestitures currently in progress is also described in Item&nbsp;5 &#8220;Operating and Financial Review and Prospects &#8211; Liquidity and Capital Resource &#8211; Capital Expenditures&#8221;</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"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="BACKGROUND: white; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Other than information described above, on September 21, 2012, based on notarial deed No. 11 dated September 21, 2012 of N.M. Dipo Nusantara Pua Upa, S.H., MKn. which was approved by the Minister of Law and Human Rights pursuant to Letter No. AHU-50211.AH.01.01/2012 dated September 26, 2012, TelkomMetra, our subsidiary, established a company with Pelindo II, our related party, called PT Integrasi Logistik Cipta Solusi (&#8220;ILCS&#8221;) in which TelkomMetra has 49% ownership. The amount invested was Rp49 billion.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We are a State-Owned Enterprise that operates in the telecommunications and network services sector in Indonesia. Our history and certain information required by Item 4 of Form 20-F is contained in the chart, below. </FONT></P>

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<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A Brief History of Telkom</FONT></B></P>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">1856-1882</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">1906-1965</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">1974</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">1980</FONT></B></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="Times New Roman">On October 23, 1856, the Dutch colonial government deployed the first electromagnetic telegraph in Indonesia, connecting Batavia (Jakarta) with Buitenzorg (Bogor).</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="Times New Roman">The Dutch colonial government established a government agency to operate post and telecommunications services in Indonesia. In 1965, the post and telecommunications services were separated and brought under the control of two state companies, PN Pos and Giro and PN Telekomunikasi.</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="Times New Roman">PN Telekomunikasi was split into two divisions, PT Industri Telekomunikasi Indonesia (&#8220;PT INTI&#8221;), which manufactured telecommunications equipment, and Perusahaan Umum Telekomunikasi (&#8220;Perumtel&#8221;), which supplied domestic and international telecommunication services.</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="Times New Roman">The international telecommunication business was taken over by Indosat.</FONT></P></TD></TR></TABLE></DIV>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">1991</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">1995</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 9pt" color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 9pt" color=black face="Times New Roman">1999</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 9pt" color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 9pt" color=black face="Times New Roman">2001</FONT></B></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">PERUMTEL became PT Telekomunikasi Indonesia or T</FONT><FONT style="FONT-SIZE: 9pt" lang=IN color=black face="Times New Roman">elkom</FONT><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">, and operations were</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">organized into twelve regional units (&#8220;Witel&#8221;). These were later reorganized into seven regional divisions: Division I Sumatra, Division II Jakarta and Surrounding</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">Area, Division III West Java, Division IV Central Java and DI Yogyakarta, Division V East Java, Division VI Kalimantan and Division VII Eastern Indonesia.</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">We held our Initial Public Offering on November 14, 1995 on the Jakarta Stock Exchange and the Surabaya Stock Exchange. On May 26, 1995, we established Telkomsel, our cellular business subsidiary.</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">The Telecommunications Law (Law No. 36/1999), which went into effect in September 2000, facilitated the entry of new players, intensifying the competition in the telecommunications industry.</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">We acquired Indosat&#8217;s 35% shareholdings in Telkomsel, making us the majority shareholder with a stake of 77.7%. Indosat then took over our 22.5% shareholding in Satelindo and 37.7% share in PT Aplikanusa Lintasarta. At the same time, we lost our exclusive right to be the sole fixed line telephone operator in Indonesia.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">2002</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">2004</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 9pt" color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 9pt" color=black face="Times New Roman">2005</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 9pt" color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 9pt" color=black face="Times New Roman">2009</FONT></B></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">We divested 12.7% of our shares in Telkomsel to Singapore Telecom Mobile Pte Ltd. (&#8220;SingTel Mobile&#8221;).</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">We launched our international direct dial fixed line service.</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">The T</FONT><FONT style="FONT-SIZE: 9pt" lang=IN color=black face="Times New Roman">elkom</FONT><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">-2 Satellite was launched to replace all satellite transmission services previously provided by the Palapa B-4 satellite. This brought our total number of satellites launched to eight, including the Palapa A-1 satellite.</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">We underwent a transformation from an infocom to a TIME company. The new T</FONT><FONT style="FONT-SIZE: 9pt" lang=IN color=black face="Times New Roman">elkom&nbsp;</FONT><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman"> was introduced to the public with the new corporate logo and tagline, &#8216;the world in your hand&#8217;.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">2010</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">2011</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">The JaKaLaDeMa submarine and fiber optic cable project linking Java, Kalimantan, Sulawesi, Denpasar and Mataram was successfully completed in April 2010.</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="Times New Roman">We commenced the reform of our telecommunications infrastructure through the Telkom Nusantara Super Highway project, which unites the Indonesian archipelago from Sumatra to Papua, and the True Broadband Access project, which will enable customers all over Indonesia to have broadband access to the internet.</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="Times New Roman">We sought to achieve widespread broadband penetration throughout Indonesia through the implementation of the Indonesia WiFi program towards the development of Indonesia Digital Network.</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" face="Times New Roman"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="Times New Roman">We sought to improve business value creation by reconfiguring our business portfolios from TIME to TIMES (Telecommunications, Information, Media, Edutainment &amp; Services). </FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" face="Times New Roman"></FONT>&nbsp;</P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="Times New Roman">Establishment of Telkom Corporate University to develop a globally competitive human capital ('from competence to commerce'). </FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

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

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">We are</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> a State-Owned Enterprise and currently the largest telecommunication service and network provider in Indonesia. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">We serve</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> millions of customers throughout Indonesia with a complete range of telecommunications services that include fixed line</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=blue face="Times New Roman">&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">and fixed wireless telephone connections, mobile </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">cellular </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">communications, network and interconnection services, as well as internet and data communication services. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">We</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> also provide services in information, media and edutainment, including cloud-based and server-based managed services, e-Payment and IT enabler services, Pay-TV, as well as e-Commerce and other portal services. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">We&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">posted revenues of Rp71,238 billion and Rp77,127 billion, respectively, for the years ended December 31, 2011 and 2012.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Fixed line telephone service</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s include</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> local, direct long-distance (&#8220;DLD&#8221;), and international call services, as well as other telecommunications and supporting service</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. Fixed wireless services </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">include&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> local and direct long-distance CDMA-based telephone connections</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">cellular </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">service</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s comprise </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">mobile cellular telecommunication services. In 2012, except for&nbsp;OLOs who use our interconnection services and Telkomsel&#8217;s employee cooperative (&#8220;Kisel&#8221;), none of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> customers </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">accounted for</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> more than </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">1</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">% of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> total revenues. Our telecommunications-related business may experience certain seasonal effects. Mobile cellular and fixed wireless communications tend to increase around the Ramadhan lunar month and the culmination of the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Eid&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> festivity, as well as during the December holiday season, while <FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">fixed line communications from homes and offices may decrease when there are fewer working days in the period or a greater number of subscribers are on vacation.</FONT></FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">A substantial majority of our </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">revenue has </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">and continues </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">to come from telecommunications-related services, including data and internet services. As a company that provides Telecommunications, Information, Media, Edutainment and Service (</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">TIMES</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8221;), we</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> continue to encourage innovations in sectors other than telecommunications, and capture synergies among all of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> products, services and solutions ranging from our legacy business to the New Economy Business. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> business portfolio is grouped into the following lines of business:</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"><STRONG>A.</STRONG>&nbsp;&nbsp;&nbsp;<STRONG>&nbsp;</STRONG></FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"><STRONG>Telecommunications Business</STRONG></FONT>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our telecommunications business portfolio includes (i) fixed wireline service</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, (ii) fixed wireless services, (iii) cellular services, (iv) internet and data communication services, (v) network services, (vi) interconnection services, and (vii) ancillary service</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">.&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">1.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Fixed Wireline Services</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Our</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> fixed wireline services include plain old telephone services, value-added services, Intelligent Network services and session initiation protocol services. Intelligent Network services </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">are </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">IP-based network services that </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">are&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> connected to our exchange systems and telecommunications network. Session initiation protocol service</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">are IP multimedia subsystem (&#8220;IMS&#8221;) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">services </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">which combines wireless and fixed line technologies for voice and data communications.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We succeeded in improving the performance of our fixed wireline business line in 2012 by </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">continuing&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> a number of programs, such as </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8220;</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Telkom Poin Rejeki Tumpah</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&#8221;, a point reward program, and our fixed business improvement program.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 201</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">2</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, we serve</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">d </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">8.9 million subscribers that represented 100.0% of the total fixed wireline market penetration in Indonesia of 4.0%.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Fixed Wireless Services</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">This service is managed by our </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Wireless Broadband</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> Division under the trademarks </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Telkom Flexi</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&#8221;&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> or </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Flexi</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&#8221;&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> and uses limited-mobility CDMA technology.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">We have periodically launched a range of fixed wireless telephone products and services that are supported by promotional campaigns</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">. Competition in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">this segment has remained intense</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">This was in part caused by a change in the regulation relating to the calculation of right-of-use tariffs in December 2010, which significantly narrowed the gap between GSM mobile cellular and fixed wireless telephone tariff</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">s</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">. As a result, our fixed wireless subscriber base </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">experienced a decline in 2011</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. </FONT><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=IN color=windowtext face="Times New Roman">However, in 2012, we succeeded in increasing our subscriber base again in part through the expansion of our EVDO services. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">See &#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Network Infrastructure</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> &#8211; A. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Fixed Line Network and Transmission</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Fixed Wireless Network</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&#8221;.&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">We</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> will </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">seek </FONT><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">to further improve our </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Flexi in the future </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">maintain our </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">market leader</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">ship position</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">fixed wireless telephone business. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">We </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">intend </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">to achieve this </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">objective through a variety of initiatives that include </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">realiz</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ing better synerg</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">ies&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> with </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> other lines of products and services with</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Wireless Broadband Division as manager of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">our </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">fixed wireless telephone business, and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">the launch of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">WiFi products as a complement to Flexi&#8217;s telephone business</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">.&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">3.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Cellular Services</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">We</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> provide mobile communications services using GSM technology and 3.5G frequency through </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> subsidiary, Telkomsel. Cellular </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">voice </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">services </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">(which excludes</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> mobile data services</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">remained the largest contributor to our</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> consolidated revenues in 2012.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">We have</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> two types of mobile products and services</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">:&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> postpaid services represented by </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"><EM>kartuHalo</EM></FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8221;&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> and prepaid services represented</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> by &#8220;</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">simPATI</FONT></I><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8221;&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Kartu As</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8221;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><EM><STRONG><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">K</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">artuHalo&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> </FONT></STRONG></EM><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">is still the most widely used postpaid mobile communication service since </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">its introduction</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> in 1995. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">At </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">the end of 2012 the number of <EM>kartuHalo</EM></FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"><EM> </EM></FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">subscribers reached </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">2.1&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> million, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">accounting </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">approximately 53.4</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">% of the total number of postpaid cellular subscribers in Indonesia;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">simPATI </FONT></I></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">is a prepaid </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">service&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> that can be purchased at any cellular shop in the form of starter packs and top up vouchers with advanced and complete features offering affordable rate at off-peak prices; and</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Kartu As</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> is Telkomsel&#8217;s most recent prepaid service innovation that bills customers based on seconds of talk time. Kartu As targets the young customer segment.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">In 2012, </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">we&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> executed a number of </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">marketing programs </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">for&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> cellular services </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">to promote</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> sales </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">and enhancing the</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> awareness</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> for Telkomsel&#8217;s brands. We believe Telkomsel&#8217;s</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> promotional programs have </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">succeeded strengthening our mobile cellular business </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">in Indonesia</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">. Our mobile</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> cellular </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">base&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> increase</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">d </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">from </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">107.0 million </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">subscribers at the end of 201</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">1&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> to </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">125.1 </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">million </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">by the end of 2012, a growth of 16.9%</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> or </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">18.1 </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">million subscribers.</FONT></FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">4.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Internet </FONT></B><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">and Data Communication </FONT></B><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Services&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">We</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> provide a range of products and services in data communication and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">internet&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> services as described below:</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Broadband internet</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> t</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">he commercial </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">name for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our non-cellular based broadband internet </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">service </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">is &#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Speedy</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8221;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Cellular data communication</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> Telkomsel provides internet and mobile data communications services through its mobile cellular network</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, with the commercial name &#8220;Flash&#8221;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">SMS services</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> for mobile and fixed wireless telephone subscribers;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8220;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">T</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">elkom</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Net instan</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8221;&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> is </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">dial-up internet </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">access&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> 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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">WiFi/hotspot&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> is a wireless access solution for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">i</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ntranet and mobile </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">internet </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">data services in a particular area by utilizing </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> and other ISP&#8217;s payment facilities, or in bulk using Customer Premises Equipment-based WiFi technology. In 2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">we&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> launched </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Indonesia WiFi</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8221;&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> to meet the need for WiFi based Internet service at public places such as airports, shopping malls, hospitals, universities/schools, cafes, and other public places</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> with a target of up to 1 million access points </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">by the end of</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> 2013. Indonesia WiFi service was launched with a minimum speed of 10 Mbps speed to accommodate roaming, offloading, retail and others;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8220;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">FlexiNet</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8221;&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> is our internet</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> access service that uses </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Telkom Flexi fixed </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">wireless </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">network. In 2011, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">we&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> introduced </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our &#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Flexi Hotspot</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8221;&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> service to customers who wish to enjoy high speed internet access through a wireless internet connection that is supported by </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">T</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">elkom&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> Hotspot infrastructure. These services can be easily accessed from any device that has WiFi </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">capability&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> by </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">FlexiNet Unlimited or Flexi Mobile Broadband username and the password in each </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">h</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">otspot;&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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Virtual Private Network (&#8220;VPN&#8221;)</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> is a private</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> network</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> that uses media such as the internet for secure connection to remote sites;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8220;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ASTINet</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8221;&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> provides internet access </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">through a</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> default internet gateway and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">public IP address for fixed or dedicated lines for 24 hours a day;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Voice over Internet Protocol (&#8220;VoIP&#8221;). </FONT></B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">We&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> provide affordable international call services through </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> premium </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">VoIP </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">serv</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">ice&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> package &#8220;T</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">elkom </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Glo</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">bal-01</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">017</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8221;&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> as well as</FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&#8220;T</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">elkom </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Sav</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">e&#8221;&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> for regular international calls</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">. Bo</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">th services can be accessed by dialing a special prefix for international calls. To provide these services, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">we</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> cooperate with eight international wholesale carriers that let </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">us&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">access their global networks. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">We have</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> cooperation agreements with </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">four&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> of those carriers for outgoing calls, one carrier for incoming calls, and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">three</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> carriers for both outgoing and incoming calls. During 2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">we </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">recorded </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">3.6 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">million minutes of outgoing calls (using T</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">elkom </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Glo</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">bal-01</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">017&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> and Telkom Save</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> services) and VoIP incoming calls (from </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> global partners). These figures indicate an increase of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">580</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">,000 minutes, or </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">19.3</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">% in VoIP calls compared to 2011;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ISDN PRA</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> is a digital network to facilitate multimedia telecommunications services, using wider bandwidth as well as inter-terminal digital systems to accommodate high-speed, high-quality and high-capacity voice, data and video communications through a single channel. We also provide ISDN-based internet access;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">DINAccess&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> is a wireless communications service with dedicated access to provide LAN interconnection services and multimedia services at a speed adjustable to customer needs;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Global Datacom</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> is a data communications service that lets corporate customers connect their headquarters with branch offices or clients across the globe. We work with global partners through Telin, our subsidiary, in providing these 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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Metro Link</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> is a Metro-network-based connectivity services that accommodates point-to-point, point-to-multipoint and multipoint-to-multipoint communications;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Metro I-net </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">is a high capacity data network solution based on IP (Internet Protocol) or ethernet that provides flexibility, ease of use and effectiveness as well as quality assurance for corporate and SME customers;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Port Wholesale port</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> provides wholesale rental of port remote access servers to internet service providers and content service providers and corporate customers for subsequent sale to their customers; and</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">V</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">alue-added service</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> Datacom</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> provides additional facilities that offer added value to data communications customers.</FONT></P>

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<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">5.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">Network Services</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">We</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> directly manage </FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">the provision of network services </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">to customers comprising of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> business partners, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">commercial businesses and OLOs</FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> network services include satellite transponder leasing, satellite broadcasting, VSAT, audio distribution, as well as satellite-based and terrestrial-based leased lines. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> network services customers </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">may enter into</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> short-term deals </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">for several minutes of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">broadcasting </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">to&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> longer-term agreement</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s for </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">one to five year periods.</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">6.</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Interconnection Services</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">We</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> also earn revenue from other telecommunications operators </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">that utilize our</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> extensive network infrastructure in Indonesia, both for calls that end at or transit via </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">our </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">network. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Similarly</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">we&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> also pay interconnection fees to other telecommunications operators when </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">we use</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> their networks to connect a call from </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> customers.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=EN-US color=black face="times new roman">7.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt; FONT-WEIGHT: normal" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">Ancillary Services</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">We have</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> exclusive agreements with some investors under </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">revenue </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">sharing </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">arrangements</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> to expand fixed line phone services, public card phones, data and </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">i</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">nternet networks, and ancillary facilities related to telecommunications.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 8pt" lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">For more details about the scheme of additional services, please see Note 36 in the Consolidated Financial Statements of the Company.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=black face=gotham-book>We also </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=black face=gotham-book>operate&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=black face=gotham-book> other supporting and ancilliary businesses, which include the lease and/or supply of BTSs </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=black face=gotham-book>to other</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=black face=gotham-book> cellular operators and the provision of various support facilities. We manage our telecommunications tower business through our subsidiary, Mitratel</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=black face=gotham-book>.&nbsp;</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 8pt" lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">B.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">New Economy Business (&#8220;NEB&#8221;) and Strategic Business Opportunities Portfolio</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NEB and Strategic Business Opportunities are a part of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> IME portfolio. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">We have designated our</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> subsidiary, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">TelkomMetra, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">as a sub-holding company that focus</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">ses&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> on </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> IME business development.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Our NEB </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">and Strategic Business Opportunities</FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">portfolio includes</FONT><FONT style="FONT-SIZE: 10pt" lang=IN 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 face="Times New Roman">1.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">IT Outsourcing or Managed Application </FONT></B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">which provides cl</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">oud-based and server-based management services and IT consulting 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 face="Times New Roman">2.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">e-Payment</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">/Payment services</FONT></B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">including&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> the following</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Billing payment</FONT></B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">is a service that allows customers to make payments to service or goods providers such as PT PLN (Persero), Telkom, PDAM, PT KAI, and others through collecting agents that include banks, cooperatives, BPR, convenience stores, and others;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Remittance&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> is money transfer service where neither the money sender nor the recipient need a bank account to complete a transfer, as transfers can be accomplished using </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">only</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> a mobile device;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">e</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">-money&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">provides services to customers who wish to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">manage&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> money electronically through certain media (mobile, prepaid card, or a virtual account that can be accessed via the Internet) for use in electronic transactions; and</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">e-Vouchers&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> or Telkom Voucher is a voucher issued by us that can be used to purchase or recharge any of our services</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> such as for Kartu As, </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">simPATI</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, Flexi Trendy, prepaid TelkomVision services and Speedy Hotspot.</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 face="Times New Roman">3.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">IT enabler </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ervices </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">include business process outsourcing and knowledge process outsourcing, which consist 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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Network centric value added services</FONT></B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">which include IT-based value-added services for data and phone, security services, and server and storage services for connectivity customers; and</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Integration services</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, which include integration services for network and hardware associated with CPE</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> integration services for applications and software, and integration services for computer hardware. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Our </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Media and Edutainment business portfolio includes</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> the following:</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 face="Times New Roman">1.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Pay TV</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> is a pay TV service (package or a la carte) available via satellite</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> cable </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">or IPTV </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">with premium content such as news, sports, entertainment and others. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">These&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> service</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s are</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> managed by </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our subsidiary, PT Indonusa Telemedia, under the &#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Telkom Vision</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8221; brand. Our IPTV commercial service was rolled out in August 2011 with the trademark &#8220;Groovia TV&#8221; and is currently available in all regions included in </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">our </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">broadcasting license</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, which are</FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Jabodetabek, Bali, Bandung, Semarang and Surabaya</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">. We had 1.2 million Pay TV </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">subscribers </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">as of</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> December 31, 2012. </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 face="Times New Roman">2.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">UseeTV&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> is an </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">over&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">top </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">television service that can be accessed through the Internet</FONT><FONT style="FONT-SIZE: 10pt" lang=IN 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 face="Times New Roman">3.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Advertising&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> is a commercial service for products or services of any third party that are presented in digital or print media for promotional purposes, such as newspapers, brochures and billboards.</FONT><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> &nbsp;</FONT></I></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 face="Times New Roman">4.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Service Portal </FONT></B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">facilitates</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> content aggregation and distribution and e-</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Commerce</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. In addition to sales and payments related to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> products and services conducted through </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> e-</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">C</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ommerce portal, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> portal e-store and on-device portal services also accommodate the sale and distribution of content or applications such as games, applications, news, sports news, educational content, music, ring back tones, SMS content </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">and others</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, which can be downloaded directly&nbsp;by customer mobile device or </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">internet </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">users. Content or applications can be obtained either at a certain price </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">or&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> free of charge.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Network Infrastructure</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">To transform our infrastructure into high quality, efficient and cost competitive infrastructure to deliver our TIMES services, we have been developing and improving our network infrastructure towards what we previously termed the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Telkom One network, which is intended to be a jointly developed network used by our various units, particularly Telkomsel. We continue to develop our network infrastructure to offer a more efficient and cost-competitive <FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">infrastructure in line with </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our transformation into a TIMES provider under our Indonesia Digital Network ("IDN") program, which, among other</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> things</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, aims by 2013 to reach 15 million homepass nationwide capable of accessing fixed line voice, IPTV, and broadband services. Our IDN program, which began in 2012, is also intended to support the establishment </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">the National Broadband Network, which is part of the</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> Government&#8217;s </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Telecommunication </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Master Plan for the Acceleration and Expansion of Indonesia's Economic Development.</FONT></FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Our </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">IDN </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">program involves the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">following three program developments:</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 face="Times New Roman">1.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">id-Access: </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">development of our </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">customer access network infrastructure into a </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">high s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">peed </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">broadband access</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> through </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">fiber optic</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> and WiFi networks.</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 face="Times New Roman">2.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">id-Ring: </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">development of our </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">transport network infrastructure into an IP-based and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">optical backbone network</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">3.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">id-</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Convergence (&#8220;id-Con&#8221;)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">: </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">convergence of the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">node service network infrastructure into a multi-service and multi-screen </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">integrated NGN</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; 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 face="Times New Roman">The </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">development</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">IDN involves synergies </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">throughout our</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> Group, cover</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">ing&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">all layers of our network infrastructures. In 2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">as a part of our IDN program, we </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">complete</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">d </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">developing and commenced </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">operation of</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> (i) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">fiber to the home</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> and WiFi-based </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">high s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">peed and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">optical access network,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> (ii) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">terra r</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">outer and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">fiber</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> optic-based IP and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">optical backbone networks</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> that cover </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Indonesia&#8217;s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">entire id-Ring; and (iii) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">an IMS-based convergence service platform and</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> multi-services for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">id-Con&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> initiative</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">We plan to continue developing our </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">IDN infrastructure, to reach</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> by</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> 2013 a capacity of 15 million </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">homepass, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">1 million </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">WiFi </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">access points, 24 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">terra r</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">outer and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">eight</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> IMS nodes supported by 75 kilometer</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s of</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> fiber optic cable</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> network</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">.&nbsp;</FONT></P>

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

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Fixed Line Network and </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Transmission&nbsp;</FONT></B></P>

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

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">1.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Fixed Wireline Network</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2012, we managed 8.9 million fixed wireline connections. However, under our </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">network and infrastructure master plan</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, we aim to upgrade our legacy network to a</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">n</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> NGN which supports new wave services and network operation methods</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> by 2014</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. We </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">are in the process of upgrading</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> all of our network infrastructure</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> to IP infrastructure. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The following table shows data related to our </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">fixed wireline</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> network from 2008 to 2012:</FONT></P>

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

<DIV align=left>

<TABLE style="WIDTH: 95.14%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="61%" colSpan=9>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">As of and for the years ended December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="38%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2008&nbsp;<SUP> </SUP></FONT></B></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=#000000 face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=#000000 face="Times New Roman"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"><B><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2009&nbsp;<SUP> </SUP></FONT></B></FONT></B></FONT></B></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=#000000 face="Times New Roman"></FONT></B>&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=#000000 face="Times New Roman"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2010</FONT></B></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=#000000 face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=#000000 face="Times New Roman"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2011&nbsp;<SUP> </SUP></FONT></B></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=middle width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2012&nbsp;<SUP> </SUP></FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Exchange capacity</FONT><FONT style="FONT-SIZE: 10pt"></FONT><SUP><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">11,038,818&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">11,094,063&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">11,237,229&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">12,180,214&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">13,908,003&nbsp;<SUP> </SUP></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Installed lines<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">9,838,537&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">10,013,565&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">10,510,048&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">11,005,208&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">11,109,156&nbsp;<SUP> </SUP></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Lines in service<SUP>(1)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">8,629,783&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">8,376,793&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">8,302,818&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">8,688,526&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">9,034,010&nbsp;<SUP> </SUP></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Subscriber lines<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">8,302,730&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">8,038,294&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">7,980,337&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">8,323,175&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">8,672,332&nbsp;<SUP> </SUP></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Public telephones</FONT><FONT style="FONT-SIZE: 10pt"></FONT><SUP><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">327,053&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">338,499&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">322,481&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">278,505&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">273,929&nbsp;<SUP> </SUP></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Leased lines in service<SUP>(2)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">6,084&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">4,273&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,988&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,662&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,342&nbsp;<SUP> </SUP></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Fixed wireline subscriber pulse production (millions minutes)<SUP>(3)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">62,940&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 7pt" color=#000000 face="Times New Roman">(5)</FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">54,186&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 7pt" color=#000000 face="Times New Roman">(5)</FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">9,403&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">8,054&nbsp;</FONT><FONT style="FONT-SIZE: 10pt"></FONT><SUP><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif> </FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">6,770&nbsp;</FONT><FONT style="FONT-SIZE: 10pt"></FONT><SUP><FONT style="FONT-SIZE: 10pt" color=black face=arial,sans-serif> </FONT></SUP></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Fault rate<SUP>(4)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3.5&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3.1&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2.5&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2.2&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2.7&nbsp;<SUP> </SUP></FONT></P></TD></TR></TABLE></DIV>

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

<DIV align=left>

<TABLE style="WIDTH: 95.14%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" color=black face="Times New Roman">(1)</FONT><FONT style="FONT-SIZE: 8pt"><FONT color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT face="Times New Roman">Lines in service are subscriber lines and public telephone lines, including the lines in service that we operate under revenue-sharing arrangements. </FONT></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" color=black face="Times New Roman">(2)</FONT><FONT style="FONT-SIZE: 8pt"><FONT color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT face="Times New Roman">Excludes leased lines for our network and multimedia businesses.</FONT></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" color=black face="Times New Roman">(3)</FONT><FONT style="FONT-SIZE: 8pt"><FONT color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT face="Times New Roman">Consists of pulses generated by local and domestic long-distance calls, excluding calls from public pay phones and cellular phones.</FONT></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" color=black face="Times New Roman">(4)</FONT><FONT style="FONT-SIZE: 8pt"><FONT color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT face="Times New Roman">Faults per 100 connected lines per month.</FONT></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" color=black face="Times New Roman">(5)</FONT><FONT style="FONT-SIZE: 8pt"><FONT color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT face="Times New Roman">In million</FONT><FONT lang=IN face="Times New Roman">s of pulse </FONT><FONT face="Times New Roman">for year </FONT><FONT lang=IN face="Times New Roman">2009 </FONT><FONT face="Times New Roman">and </FONT><FONT lang=IN face="Times New Roman">2008</FONT><FONT face="Times New Roman">.&nbsp;</FONT></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Fixed Wireless Network</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">To support our fixed wireless network, our infrastructure consists of mobile switching centers (&#8220;MSC&#8221;) that are connected to every other trunk exchange. Each MSC is connected to a base station sub system (&#8220;BSS&#8221;), which consists of a base station controller (&#8220;BSC&#8221;) and a base transceiver station (&#8220;BTS&#8221;). These, in turn, connect the customers&#8217; handheld devices and fixed wireless terminals to our fixed wireless network. The number of fixed wireless connections in service has </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">increased&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> from 14.2 million in 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">1 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">to approximately 17.9 million in 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">.&nbsp;</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT><FONT><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 29 -</P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=blue face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The following table shows data relating to our fixed wireless network since 200</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">8</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">:&nbsp;</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 95.14%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=black face="Times New Roman"><SUP></SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><SUP><B><FONT color=black face="Times New Roman"></FONT></B></SUP>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="54%" colSpan=9>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">As and for the Year Ended December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT><SUP><B><U><FONT color=black face="Times New Roman"></FONT></U></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">2008&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">2009&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">2010&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">2011&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">2012&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Exchange capacity (MSC capacity)<SUP>(1)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">15,885,020&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">23,393,631&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">24,048,993&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">33,261,850&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">32,262,120&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Installed lines (BTS capacity)<SUP>(1)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">19,861,324&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">27,653,553&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">27,344,151&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">27,635,751&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">27,631,751&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Lines in service<SUP>(2)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">12,725,425&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">15,139,057&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">18,161,278&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">14,237,522&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">17,869,591&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Subscriber lines<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">12,698,827&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">15,115,892&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">18,142,955&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">14,221,413&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">17,868,991&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Public telephones<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">26,598&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">23,165&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">18,323&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">16,109&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">600&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Fixed wireless subscriber pulse production/minutes production (millions)<SUP>(3)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">12,304&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">14,627&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">11,768&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">7,931&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">5,667&nbsp;</FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 95.14%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="FONT-SIZE: 8pt" color=black face="Times New Roman">(1)</FONT><FONT style="FONT-SIZE: 8pt"><FONT color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT face="Times New Roman">BTS and MSC capacities in 2008 were calculated on the assumption of a traffic allocation per subscriber of 30 mE.</FONT></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="FONT-SIZE: 8pt" color=black face="Times New Roman">(2)</FONT><FONT style="FONT-SIZE: 8pt"><FONT color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT face="Times New Roman">Lines in service are subscriber lines and public telephone lines, including the lines in service that we operate under revenue-sharing arrangements.</FONT></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face="Times New Roman">(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Consists of minutes of usage from local and DLD calls, excluding calls made from public pay phones and mobile cellular phones.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 5pt" lang=EN-US face="Times New Roman">&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 face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">3.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Transmission Network </FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Throughout 2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">we primarily </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">focused on </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">the&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> development of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> broadband network, which serves as the backbone for our network in</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">frastructure as a whole</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. Our backbone telecommunications network consists of transmission networks, remote switching facilities and core routers, which connect a number </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">access node</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. The transmission links between nodes and switching facilities comprise </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">a</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> terrestrial transmission network, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">in particular</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> fiber optic, microwave and submarine cable network</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, as well as satellite transmission networks and other transmission </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">technologies</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. &nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The following table shows our transmission capacity as of December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">1&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> and 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">:&nbsp;</FONT></P>

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

<DIV align=left>

<TABLE style="WIDTH: 95.14%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="65%" colSpan=11>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Capacity (number of Transmission medium circuits)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Transmission Network</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>E1</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>STM-1</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>STM-4</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>STM-16</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>STM-64</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>STM-256</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>As of December 31,</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=black></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2011&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>132,691&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>671&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>65&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>35&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>184&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2012&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>131,546&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>720&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>92&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>55&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>260&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>3&nbsp;</FONT></P></TD></TR></TABLE></DIV>

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<DIV align=left>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">Note: The backbone transmission unit uses E1, STM1 (equivalent to 63 E1), STM4 (equivalent to 4 STM1), STM16 (equivalent to 4 STM4), STM64 (equivalent to 4 STM16), and STM256 (equivalent to 4 STM64). STM or Synchronous Transfer Mode is the unit typically used in backbone transmission networks. Facilitating broadband services requires high capacity transmission networks using nxSTM-1 units. E1 units are used to support legacy services.</FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">We operate</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman"> the Telkom-1 and Telkom-2 satellites as well as 205 earth stations, including one satellite master control station. The Telkom-1 satellite has 36 transponders, including 12 extended C-band transponders and 24 standard C-band transponders, while </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman">Telkom-2 satellite has 24 standard C-band transponders. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</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 addition to the two satellites currently in service, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">we </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">also lease transponder capacity from other satellite providers, including 11 transponders from </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">GE 23 satellite, two transponders </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">from the</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> Star-1 satellite, two transponders </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">from the</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> Sinosat satellite, and 10 transponders </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">from the</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> JCSaT5a satellite.</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=black face="Times New Roman"></FONT>&nbsp;</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 anticipation of the growth in demands for satellite services as well as in support of our business strategy in the provision of TIMES services, on March 2, 2009, we signed a contract with the Russia-based </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">company, JSC </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Academician M.F. Reshetnev Information Satellite Systems, for the procurement of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">the&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman"> Telkom-3 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Satellite System</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman">. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman">Telkom-3 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">satellite suffered</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman"> a launch failure in August 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> and is now in unusable</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman"> orbit. Although we had fully insured the cost of the satellite, the loss of the Telkom-3 satellite will require us to lease transponder capacity from a third-party provider to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">fulfill&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman"> our commitments to our satellite operations customers</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> and for</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman"> our own operations. </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><STRONG><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">B.</FONT></STRONG><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">&nbsp;&nbsp;&nbsp; </FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=EN-US>Cellular Network</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our cellular services, which are operated by our subsidiary, Telkomsel, have the most extensive network coverage of any cellular operator</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> in Indonesia. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Telkomsel&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> currently operates on the GSM/DCS, GPRS, EDGE and 3.5G networks. The GSM/DCS network consists of 7.5 MHz of bandwidth on the 900 MHz frequency and 22.5 MHz of bandwidth on the 1,800 MHz frequency. Both networks operate as a single integrated dual band network. Telkomsel&#8217;s 3G network uses 10 MHz of bandwidth on the 2.1 GHz frequency.</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 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 face="Times New Roman">As of December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, Telkomsel&#8217;s digital network was supported by 54,297 BTS with an overall network capacity capable of facilitating the communication needs of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">125.1 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">million customers.</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 5pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"><STRONG>C.</STRONG></FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Data and Internet Network</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">To ensure a high level of reliability, </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">we have</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> built hierarchical and dual homing IP</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">/MPLS</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-based </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">internet</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> and data networks. </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">Our&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> IP backbone network </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">which, as of December 31, 2012 consisted of 47</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> PoP locations with </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">22 terra router</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> nodes</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">, 18 core router nodes </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">and </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">545&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> PE </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">router&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> nodes</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman"> is now capable of serving all of Indonesia</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">.&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">We also operate</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> an </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">ethernet&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> carrier metro service as an </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">aggregator&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> for broadband access traffic connecting to IP Backbone. As of December 31, 2012, </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">1,004 ethernet</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> metro nodes </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">were&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> in use to support </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">our 1,536 </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Gbps broadband access services.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">We provide</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> fixed line-based broadband internet access using ADSL and fiber optic technology under the brand &#8220;Speedy&#8221;. As of December 31, 201</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">2</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">we had capacity for </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">4.7 million homepass </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">and were</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> serving 2.3 million Speedy customers, an increase of 30.9% compared to 1.8 million subscribers registered on December 31, 201</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">1</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. &nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">Our </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">subsidiary</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">, </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Telkomsel</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">,&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> also provides broadband service under the trade name &#8220;Flash&#8221;. As </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">of&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> December 31, 201</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">2</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, Flash had 11.0 million subscribers, a 99.5% increase compared to 5.5 million subscribers registered on December 31, 201</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">1</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. &nbsp;</FONT></P>

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<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"><STRONG>D.</STRONG></FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US face="times new roman"><STRONG>&nbsp;&nbsp;&nbsp;&nbsp;</STRONG>&nbsp; </FONT><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">International Networks</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">We operate</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> international gateways in Batam, Jakarta, and Surabaya</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman"> to </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">route outgoing and incoming calls on our IDD service</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman"> (</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&#8220;</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">007&#8221;). We believe these gateways provide reliable links to domestic networks and we have no </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">plan</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">s to </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">further </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">develop them at present</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">.&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">Our</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> international network is supported by submarine communications cable system</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">s</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> (&#8220;SCCS&#8221;) </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">including</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> the Dumai-M</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">e</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">laka Cable System, and the Thailand-Indonesia-Singapore (&#8220;TIS&#8221;)</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman"> system</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">as well as by indefeasible rights of use, </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">and satellite </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">capacity</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">To consolidate our international network and expand domestic broadband services, our subsidiary, Telin, entered into the Asia America Gateway cable consortium in </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">April 2007</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman"> to develop</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> the Batam-Singapore Cable System </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">which&nbsp;</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> connect</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">s&nbsp;</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> Batam with Singapore. </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">Through Telin, we plan in the long-term to enhance </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">international </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">telecommunication </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">access to </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">regions in eastern</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> Indonesia</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">, diversify our services and capture </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">business opportunities in South Asia, the Middle East and Europe. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">Furthermore</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">we have</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> entered into international telecommunications service agreements with </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">a number of overseas</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> operators to facilitate international call interconnections. Moreover, since we do not have agreements with telecommunications operators in all our IDD destinations, we have signed agreements with SingTel, Telekom Malaysia, Verizon, Belgacom, NTT, TIS, France Telecom and other telecommunications operators</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman"> under which </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">such operators</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman"> act as hubs and route </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">international calls to certain parts of the world. As of December 31, 2012, we had agreements with 78 international telecommunication service operators in 27 countries</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">. We have </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">focused on entering into more international telecommunications service agreements with other telecommunication operators to provide direct interconnections services in the top 20 most popular calling destinations for IDD outgoing traffic. In addition to connect with the 20 top countries for IDD outgoing calls, </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">we are</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> also connected to 58 other telecommunications operators in various other countries.</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman"> &nbsp;</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Customer Service</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We provide </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our customers </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">a number of value-added services which allow them to conveniently access a wide range of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">products and services.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 0.25in"><FONT style="LETTER-SPACING: 0.55pt; FONT-SIZE: 5pt" lang=IN 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="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">A.</FONT></B><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Personal Customer Segment</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=gotham-book>In order to facilitate our individual customers' access to our products and services</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face=gotham-book>, we operate a network of Plasa Telkom outlets and Call Centers which are managed by our </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Consumer Service Division.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 5pt" lang=IN color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">1.</FONT></B><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Plasa Telkom</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Plasa Telkom is a walk-in customer service point at which customers can access information as well as a range of products and services, including billing, payment, account suspension, promotional deals and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">submit </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">complaint</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. In 2012, as part of our cost optimization program, we reduced the number of Plasa Telkom from 727 outlets as of December 31, 2011 to 572 outlets as of December 31, 2012. All Plasa Telkom facilities have been redesigned to provide better service quality, including to accommodate other services within </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> Group and thus to increase overall productivity. We are developing, and will shortly launch, the Telkom Store facility in order to improve service coverage to our customers and to compensate for the reduction in Plasa Telkom outlets. </FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">2.</FONT></B><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Call Centers</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Our </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN face="times new roman">call centers allow </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman">customers to </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN face="times new roman">make enquiries regarding</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman"> our products and services</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN face="times new roman">, billing, promotional offers and submit complaints</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman"> from our Call Centers by dialing "147" from any fixed phone line. </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN face="times new roman">We operate call centers</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman"> in Medan, Jakarta and Surabaya.</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 5pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">For cellular subscribers, Telkomsel operates </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="times new roman">call centers under the brand &#8220;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Caroline</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="times new roman">&#8221; which is the abbreviation of &#8220;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Customer Care </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Online</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN face="times new roman">&#8221;. Caroline is </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US face="times new roman">accessible through the following numbers:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17pt; MARGIN: 0in 0in 0pt 52pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 9pt" lang=EN-US face=Calibri,sans-serif>&#8211;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&#8220;1</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="times new roman">33</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&#8221;&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="times new roman"> by kartuHalo</FONT><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="times new roman"> </FONT></I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">users;&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17pt; MARGIN: 0in 0in 0pt 52pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 9pt" lang=EN-US face=Calibri,sans-serif>&#8211;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&#8220;155&#8221; (24 hours, free) and &#8220;188&#8221; (24 hours, chargeable)</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="times new roman"> by simPATI and Kartu As users</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=calibri,sans-serif>&#8211;</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">&#8220;021-21899811&#8221; in Jakarta, &#8220;022-2553811&#8221; in Bandung, &#8220;031-8403811&#8221; in Surabaya, &#8220;061-4578811&#8221; in Medan or &#8220;08071811811&#8221; in other areas of Indonesia</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">, when accessed through cell phones not operated by us or through fixed telephone lines</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; 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 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 5pt" 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="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">B.</FONT></B><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Corporate Customers</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">We categorize our corporate customers into </FONT><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">business</FONT><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">, enterprise, wholesale and international groups based on a numbers of criteria such as contribution to our revenues, our customers' geographic scope of operations and the type and range of products and services procured from us. As part of our strategy to provide </FONT><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">streamlined&nbsp;</FONT><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> customer service, we operate account management teams to manage our relationships with our corporate clients </FONT><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">who are</FONT><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> supported by the Telkom Solution House, SME Centers and Call Centers, as described below</FONT><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0.1pt; 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 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 5pt" lang=IN color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">1.</FONT></B><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Account Management</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Our Business Service Division caters to business customers, which include </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">SME<FONT style="FONT-SIZE: 10pt" face="Times New Roman">s</FONT></FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">, local governments, cooperatives, and rural credit banks. Our Business Service Division accounts managers and representatives manage customers directly by conducting site visits and telephonically through our account management call center team. </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face=gotham-book>We categorized business customers into three groups based on our customer&#8217;s line of business: public and general services, plantation and manufacturing services, and trading and business services.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 5pt" lang=IN color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Our Enterprise Service Division serves enterprise customers including State-Owned Enterprises, national corporations and multinational corporations. Our Enterprise Service Division account managers and respresentatives primarily manage relationship</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">s&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> by conducting visits to our clients' offices. </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face=gotham-book>We categorize enterprise customers into seven groups based on customer&#8217;s line of business, namely communications and media services, financial management services, government and public services, nation welfare services, plantation and manufacturing services, resources and utilities services, and trading and business services.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 5pt" lang=IN color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Our Wholesale Service Division caters to wholesale customers which are categorized into the following carrier service groups:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">a.</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 7pt" lang=IN color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">carrier service group 1: handling OLOs, Telkomsel, Hutchison, AXIS, PT Sampoerna Telekomunikasi Indonesia and </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">PT </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Pasifik Satelit Nusantara;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">b.</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 7pt" lang=IN color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">carrier service group 2: handling OLOs, Indosat, XL-Axiata, Bakrie Telecom, S</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">mart </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Telecom, </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">PT </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Batam Bintan Telecom and PT Indonesia Comnets Plus <FONT style="FONT-SIZE: 10pt" face="Times New Roman">(ICON+)</FONT>; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">c.</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 7pt" lang=IN color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">carrier service group 3: handling operators within the business scope of ISP, VoIP, closed user group, call center and satellite provider.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -21.25pt; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 5pt" lang=IN color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Our subsidiary, Telin, caters to international carriers who provide voice and data services into Indonesia. We operate account management teams based in Singapore, Hong Kong and Jakarta, where they are headquartered. In 2012, Telin commenced cellular operations in Timor Leste after obtaining necessary licenses from the country&#8217;s regulators.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 8pt" lang=IN color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">2.</FONT></B><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Telkom Solution Houses and SME Centers</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">We offer special services to our corporate customers through our Telkom Solution Houses located in Jakarta, Denpasar and Surabaya. We also operate SME Centers in Jakarta, Surabaya, Medan, Bandung, Yogyakarta, Palembang, Balikpapan and Makassar. Besides operating as a communications hub, our SME Centers also function as a community and business center.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 8pt" lang=IN color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">3.</FONT></B><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Call Center</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">We provide </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="times new roman">&#8220;500250&#8221; number for business customers and a</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman"> toll-free number for </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="times new roman">enterprise&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman"> customers </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="times new roman">at&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman"> &#8220;08001Telkom&#8221; (&#8220;08001835566&#8221;)</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="times new roman">.&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN face="times new roman"> &nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 5pt" lang=EN-US color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Service Level Guarantee Program </FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">We offer service level guarantees</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">, which </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">guarantee a specified minimum level of service to customers in terms of product quality and customer handling. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 5pt" lang=IN color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">For individual customers, the program is available </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">for fixed line, Flexi </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">as well as data and internet</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> subscribers. The service level guarantee is applicable to customers </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">applying&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> for new connections, </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">a&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> change </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">in&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> type of service, </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">res</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">o</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">lution of</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> service disruption, </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">resumption of</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> disconnected service </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">and&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> complaints over customer billing. Under this program, we guarantee to provide non-cash compensation such as free subscriptions for a limited period, if we fail to meet </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">the </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">minimum standard. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt"><FONT><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT><FONT><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT></FONT>&nbsp;</P></DIV>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=left><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"></FONT></P>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">For our customers in the business and corporate segments, the service level guarantee is provided under a contract </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">agreed between us and the relevant customers. We offer service level guarantees to OLOs and certain wholesale customers who use our SL Digital, IP Transit and Metro-E products. Our guarantee covers the availability of our services and the time taken to install and repair the equipment we provide.&nbsp;We divide service levels guarantees for such customers into five classes of service (Bronze, Silver, Gold, Platinum and Diamond) which represent different levels of price, products and services offered and technical parameters guarantee.</FONT> </DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"></FONT></B>&nbsp;</P>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Customer Satisfaction </FONT></B><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">and Loyalty</FONT></B></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">We routinely engage independent market analysts to conduct surveys and market research on our customers' levels of satisfaction and loyalty. In 2012, we achieved the following levels of Customer Satisfaction Index (&#8220;CSI&#8221;) and Customer Loyalty Index (&#8220;CLI&#8221;) using the &#8220;top two boxes&#8221; and &#8220;top three boxes with seven scales&#8221; method</FONT><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">s</FONT><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0.1pt; 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; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0.1pt; FONT-SIZE: 9pt" lang=IN color=windowtext face=calibri,sans-serif>&#8211;</FONT><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0.1pt; FONT-SIZE: 7pt" lang=IN color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Personal customer segment: 81.39% in CSI and 67.07% in CLI;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0.1pt; FONT-SIZE: 9pt" lang=IN color=windowtext face=calibri,sans-serif>&#8211;</FONT><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0.1pt; FONT-SIZE: 7pt" lang=IN color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Business customer segment: 90.98% in CSI and 84.92% in CLI;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0.1pt; FONT-SIZE: 9pt" lang=IN color=windowtext face=calibri,sans-serif>&#8211;</FONT><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0.1pt; FONT-SIZE: 7pt" lang=IN color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 11pt; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Enterprise customer segment: 91.35% in CSI and 88.00% in CLI; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 9pt" lang=EN-US face=calibri,sans-serif>&#8211;</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Wholesale and international customer segment: 83.25% in CSI and 82.85% in CLI.</FONT></P>

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<P style="MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Sales, Marketing and Distribution</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We operate a number of distribution channels for our primary products and services, including our </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">fixed wireless</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> services, but not including cellular services </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">which&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> are handled directly by our subsidiary, Telkomsel. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The following are the primary distribution channels for our products and services:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">1.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Plasa Telkom</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> outlets function as walk-in customer service points, where customers have access to the full range of our products and services; </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Call </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">c</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">enters </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">handle enquiries regarding our products, services and customer transactions. Our call centers currently do not handle payments. Our call centers also operate our customer care and telemarketing programs;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">3.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Partnership Stores</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> are extensions of our distribution channels, in cooperation with a variety of third-party marketing outlets such as computer or electronic stores, banks, and others;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">4.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Feet on Street </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">are sales agents that conduct direct marketing of our products, particularly for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Speedy&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> products</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, through door-to-door sales, open table</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> discussions</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, exhibitions, product demonstrations, and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">other </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">similar activities; </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">5.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Authorized dealers and retail outlets</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> are sales and distribution outlets for a variety of telecommunication products such as telephone cards </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">subscriptions for Telkom Flexi, starter packs and top-up vouchers. These dealers are non-exclusive, and they receive a discount on all of the products they receive;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">6.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Account Management Teams</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">who </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">manage relationships with our individual and corporate customers;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">7.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Telkom Solution House</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">are places where an enterprise customer can obtain information on a variety of TIMES solutions, products and services, and the latest technology. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">At these Telkom Solution Houses, we provide </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">free live demonstrations (such as Speedy, Hotspot, PDN, IP-Phone), live demonstrations for commercial </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">products&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> (such as video conference), enterprise consultation and ecosystem business solutions for customized TIMES for corporations, and simulated demonstrations (such as e-Payment &amp; VPN over GSM and Flexi);</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">8.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">SME Center</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> function as a communication center supported with advanced office facilities, a community center where our customers can interact, and a commerce center especially for e-Commerce solutions; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">9.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Our</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> website</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> which provide</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> customers information on the entire range of our products and services, multimedia as well as telephony, through the official company </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">website </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">at www.telkom.co.id.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We operate a wide range of marketing schemes to enhance our brand visibility including placing advertisements on print and electronic mass media, conducting direct marketing with customers, operating distribution personnel and special promotional campaigns. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The distribution and marketing of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">cellular products is undertaken by Telkomsel, our subsidiary</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> using the following distribution channels:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">GraPARI</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8221; customer service centers, which provide customers with access to Telkomsel&#8217;s full range of products and services</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">;&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">GraPARI service outlet managed by third parties (formerly known as GeraiHalo);</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Authorized dealers that mainly focus on sales of prepaid SIM cards and top-up vouchers;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Outlets jointly operated by us, Telkomsel and PT Pos Indonesia; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Other outlets such as banks.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">For kartuHalo, Telkomsel focuses on corporate and professional customers with high usage volumes. Marketing for this segment is undertaken by special corporate account teams, which are also responsible for maintaining long-term relations with </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">customers through efforts to provide solutions suitable to the needs of the corporate customers. The </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">simPATI&nbsp;</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> and Kartu As products are designed to appeal towards a much wider </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">target </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">segment and particularly to younger customers. Telkomsel uses above and below the line marketing channels</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> to promote its brands</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, including campaigns </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">aimed at</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> schools and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">special interest groups, placing</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> print </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">advertisements,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> billing insertions</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">point-of-sale presentations</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, and events promotion and sponsorship</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">.&nbsp;</FONT></P>

<P style="MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT><FONT><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT></FONT>&nbsp;</P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Telecommunications Industry in Indonesia</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We believe that Indonesia&#8217;s large population and strong economic growth provide a sustainable platform for robust growth of Indonesia's telecommunications market. In addition, Indonesia's telecommunications industry has grown substantially as consumers become increasingly sophisticated in terms of the products they demand. However, there are significant challenges posed by the limited telecommunications infrastructure in remote parts of Indonesia.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Ever since the Government deregulated Indonesia's telecommunication industry, Indonesia has witnessed an influx of new domestic and international entrants who view Indonesia as a strategic target market. This has intensified competition, especially in the cellular and fixed wireless markets. Furthermore, the Government, through the MoCI, endeavors to sustain the healthy growth of Indonesia's telecommunications industry to ensure that this ultimately benefits Indonesia's overall national economic development.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Business opportunities in the domestic telecommunications industry are expected to increase as the cellular business continues to innovate and provide ever easier and affordable mobile access. We believe that our projections and current trends generally indicate strong growth in the demand for data services and a shift from traditional telecommunication towards HSPA+ and LTE technologies.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">By international standards, fixed line and internet penetration in Indonesia is low. However, we believe there are a number of trends that continue to support growth in the domestic telecommunications industry. These include:</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 face="Times New Roman">1.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Sustained economic growth, which is expected to drive an increase in demand for telecommunications </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">and data </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">services.&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 face="Times New Roman">2.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The migration to wireless telephone networks. We believe that wireless will become increasingly popular on the back of the ever-broader scope of services offered, as well as the improving quality of wireless networks, increasingly affordable and feature rich cellular handsets and smartphones </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">the expansion of prepaid service features facilitating mobile data access.</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 face="Times New Roman">3.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The growth in the number of telecommunications operators. We anticipate an increasingly competitive and open telecommunications sector in Indonesia as a result of the regulatory reform that eliminated the previous monopoly </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">duopoly system</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 5pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Legal Basis and Regulation </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The framework for the telecommunications industry is comprised of specific laws, government regulations, ministerial regulations and ministerial decrees enacted and issued from time to time. The current telecommunications policy was first formulated and articulated in the Government&#8217;s &#8220;Blueprint of the Indonesian Government&#8217;s Policy on Telecommunications&#8221;, contained in MoC Decree No.KM.72/1999 dated September 17, 1999</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> which</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> was intended to:</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=black face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">i</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">ncrease the telecommunication sector&#8217;s performance in the era of globalization;</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=black face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">l</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">iberalize the sector with a competitive structure by removing monopolistic controls;</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=black face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">i</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">ncrease transparency and predictability of the regulatory framework;</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=black face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">c</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">reate opportunities for national telecommunications operators to form strategic alliances with foreign partners;</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=black face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">c</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">reate business opportunities for small and medium enterprises; and</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=black face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">f</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">acilitate new job opportunities.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 5pt" lang=EN-US color=black face="Times New Roman"></FONT></B>&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 face="Times New Roman">A.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Telecommunications Law</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 telecommunications sector is primarily governed by Law No.36 of 1999 (&#8220;Telecommunications Law&#8221;), which became effective on September 8, 2000. The Telecommunications Law sets guidelines for industry reforms, including industry liberalization, facilitation of new entrants and enhanced transparency and competition.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=black 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=black face="Times New Roman">The Telecommunications Law eliminated the concept of &#8220;organizing entities&#8221; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">thereby </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">ending </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">our and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Indosat&#8217;s responsibility for coordinating domestic and international telecommunications services, respectively. To enhance competition, the Telecommunications Law prohibits monopolistic practices and unfair competition among telecommunications operators.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=black 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=black face="Times New Roman">The Telecommunications Law </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">was&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> implemented through several Government Regulations, Ministerial Regulations and Ministerial Decree</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">. The most important of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">such&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> regulations include:</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">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Government Regulation No.52/2000 regarding Telecommunications Services</FONT><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 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">MoCI Regulation No.1/PER/M.KOMINFO/01/2010 dated January 25, 2010 regarding Operation of Telecommunications Networks</FONT><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 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">MoC&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> Decree No.KM.21/2001 regarding the Provision of Telecommunications Services that</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">was most recently amended </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">by&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> MoCI Regulation No.31/PER/M.KOMINFO/09/2008 regarding the Third Amendment of Decree of the Minister of Communication No.KM.21/2001 regarding the Provision of Telecommunications Services</FONT><FONT style="FONT-SIZE: 10pt" lang=IN 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">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">MoC Decree No.33/2004 regarding Supervision of Healthy Competition in the Provision of Fixed Network and Basic Telephony Services</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">;&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> and </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">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">MoC Decree No.KM.4/2001 dated January 16, 2001 regarding the Determination of Fundamental Technical Plan National 2000 for National Telecommunications Development most recently amended by MoCI Regulation No.09/PER/M.KOMINFO/06/2010 dated June 9, 2010 regarding the sixth amendment of MoC </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Decree No.KM.4/2001 regarding the Determination of Fundamental Technical Plan National 2000 for National Telecommunications Development. </FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">B.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Telecommunications Regulators</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">In February 2005, the authority to regulate the telecommunications industry was transferred from the MoC to a newly-established Ministry, the MoCI. Pursuant to authorities assigned to him through Telecommunication Law, the Minister of Communication and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Information&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> sets policies, regulates, supervises and controls telecommunications industry in Indonesia. On October 28, 2010, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">MoCI engaged in certain organizational and administrative reforms that included transferring </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">licensing and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">regulatory authority</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> to two newly established general directorates, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">the Directorate General of Posts and Informatics Resources and Equipment (&#8220;DGRE&#8221;) and Directorate General of Post and Informatics Operations (&#8220;DGPIO&#8221;) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">pursuant to </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">MoCI Regulation No.17/PER/M.KOMINFO/10/2010 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">regarding the Organization and Administration of Ministry of Communication and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Information</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. Following the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">reforms</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">certain&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> adjustments were made through MoCI</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> Regulation No.15/PER/M.KOMINFO/06/2011 dated June 20, 2011 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">regarding title adjustments in a number of Decrees and/or MoCI regulations that regulate Special Materials in Post and Telecommunications and/or in Decrees of the Director General of Posts and Telecommunications, which transfer all substances related to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">post</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">al&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> and telecommunications sector</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> to the DGPIO including licensing, numbering, interconnection, universal service obligation</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> and</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> business competition. Meanwhile, matters related to radio frequency spectrum and standardization of telecommunications equipment</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> were transferred to the DGRE.</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"></FONT>&nbsp;</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">Following the enactment of the Telecommunications Law, the MoC established an independent regulatory body as stipulated in MoC Decree No.KM.31/2003 dated July 11, 2003 regarding the Establishment of the ITRA which was later revoked </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">by&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> MoC Regulation No.KM.36/PER/M.KOMINFO/10/2008 dated October 31, 2008 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">and</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> amended </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">by&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">MoCI Regulation No.1/PER/M.KOMINFO/02/2011 dated February 7, 2011 (&#8220;MoCI Regulation No.36/2008&#8221;). Pursuant to MoCI Regulation No.36/2008, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITRA </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">was&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> assigned the authority to regulate the Indonesian telecommunication industry</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, including the provision of telecommunication networks and services. The </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITRA which is chaired by the Director General of Post and Informatics Operations and comprises of nine members</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, including</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> six </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">members of the public, and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">three members selected from Government institutions (DGRE and Director of DGPIO and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">a&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> government representative appointed by the Minister of Communication and Information). </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Other regulatory</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> functions</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> of the ITRA include</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">licensing of</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> telecommunication networks and 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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">implementation of operational and service quality</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> standards;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">governance of interconnection</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> 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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">regulating telecommunication </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">equipment standards</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">; and</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">settlement of disputes between network operators and service providers.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Finally, oversight authority of the ITRA covers</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">:&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17pt; MARGIN: 0in 0in 0pt 35pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">operating&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> performance;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17pt; MARGIN: 0in 0in 0pt 35pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">competition; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17pt; MARGIN: 0in 0in 0pt 35pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">utilization of telecommunication equipments.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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=black face="Times New Roman">C.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Classification and Licensing of Telecommunications Providers</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">The </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Telecommunications Law organize</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">d&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> telecommunication</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> services</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> into </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">following </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">three categories: </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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">p</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">rovision of telecommunication network</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">s</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"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">p</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">rovision of telecommunication services; and </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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">p</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">rovision of special telecommunications</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> services</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 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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=black face="Times New Roman">Licenses issued by MoCI are </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">required for each category of telecommunications </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">services</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">. MoCI Regulation No.1/2010 and MoC Decree No.KM.21/2001 dated May 31, 2001 regarding the Operation of Telecommunications Services</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">as amended </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">by&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">MoCI Regulation No.31/PER/M.KOMINFO/09/2008 dated September 9, 2008</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">are the principal implementing regulations governing licensing.</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=black 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 face="Times New Roman">MoCI Regulation No.1/2010 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">classified&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> network operations into fixed and mobile networks. Fixed network operations are grouped into: </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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">l</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ocal fixed network operations;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">f</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ixed domestic long-distance operations;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">f</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ixed international connection operations; and</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">f</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ixed closed network operations.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">The mobile network operations </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">were&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> divided into:</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">t</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">errestrial mobile network operations;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">m</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">obile cellular network operations; and</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">atellite mobile network operations.</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">MoC Decree No.KM.21/2001 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">categorized&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> the provision of services into basic telephony services, value-added telephony services, and multimedia services. The provision of multimedia services is </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">further </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">categorized into </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">provision of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">internet service</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, network access point services, public internet telephony services, and data communication system services. The provision of network services and of telecommunications services requires separate licenses according to the established categories. Special telecommunications license held for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">private&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> purposes, broadcasting, as well as defense and national security are provided separately.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 4pt" lang=EN-US color=black face="Times New Roman"></FONT></B>&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=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; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Introduction of Competition in the Indonesian Telecommunications Industry</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">In 1995, we were granted a monopoly to provide local fixed line telecommunications services until December 31, 2010, and DLD services until December 31, 2005. Indosat and Satelindo (which subsequently merged with Indosat) were granted a duopoly for provision of basic international telecommunications services until 2004.</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=black 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=black face="Times New Roman">As a consequence of the Telecommunications Law, the Government terminated our exclusive rights to provide </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">domestic&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> fixed line </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">telephone&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> and DLD services and Indosat</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&#8217;s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> and Satelindo</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&#8217;s duopoly rights </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">to provide basic international </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">telephone&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> services. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Instead</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, the Government adopted a duopoly policy to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">create </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">competition between Indosat and us as comprehensive service and network provider</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">. The market for IDD services was liberalized in August 2003 with the termination of Indosat&#8217;s and Satelindo&#8217;s exclusive rights. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">In 2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Indosat began operating fixed line services and</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">, in 2013,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> fixed wireless access and DLD services. We subsequently received </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> IDD services license and began offering IDD services in 2004 in direct competition with Indosat. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 4pt" lang=EN-US color=black 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=black face="Times New Roman">E.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">DLD Services </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">To liberalize DLD services, the Government amended the National Telecommunications Technical Plan pursuant to MoCI Decree No.6/P/M.KOMINFO/5/2005 dated May 17, 2005 (&#8220;MoCI Decree No.6/2005&#8221;) to assign each provider of DLD services a three-digit access code that would permit their customers to select an alternative DLD services provider by dialing the three-digit access number. MoCI Decree No.6/2005 did not provide for immediate implementation of the three-digit system for DLD calls, but as the first DLD service provider, we were required to gradually open our network to the three-digit access codes in all coded areas throughout Indonesia by April 1, 2010. We were assigned the &#8220;017&#8221; DLD access code, while Indosat was assigned &#8220;011&#8221;. The MoCI thereafter amended the National Telecommunications Plan as provided in MoCI Decree No.43/P/M.KOMINFO/12/2007 dated December 3, 2007, (&#8220;MoCI Decree No.43/2007&#8221;), which delayed the deadline for the implementation of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">three </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">digit access code for DLD calls throughout all the area code in Indonesia until September 27, 2011.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=black 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 face="Times New Roman">Pursuant to MoCI Decree No.43/2007, we opened our network to the &#8220;01X&#8221; three-digit DLD access service in Balikpapan by April 3, 2008. Since </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">that&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> date, our customers </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">are able </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">to make DLD calls from Balikpapan by first dialing </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Indosat&#8217;s </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&#8220;011&#8221;. As stipulated in MoCI Regulation No.43/2007, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">we have</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> provided a nation-wide network for three-digit access code for fixed and fixed wireless DLD with &#8220;01X&#8221; that can be used by Indosat </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">or&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> other licensed operator starting September 27, 2011. To date, no other licensed operator</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s have submitted</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> a request to us to connect their networks </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">enable DLD access. If there is </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">another&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> operator that provide the &#8220;01X&#8221; access code, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">whether</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> nationally or in certain parts of Indonesia, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> customers can cho</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">o</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">se to use such other operator </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">to make </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">DLD </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">calls, whenever available</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">.&nbsp;</FONT></P>

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<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">On December 16, 2008, the MoCI issued an in-principle DLD license to Bakrie Telecom</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">, incre</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">a</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">sing&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> the number of potential DLD operators to three. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">However, as of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">the date of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">filing of this </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">annual report, Bakrie Telecom has not yet obtained a DLD operating license which </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">would </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">require </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">them to</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> first procure necessary </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">DLD </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">infrastructure.&nbsp;</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=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Our DLD</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> tariffs are regulated by MoCI Regulation No.15/PER/M.KOMINFO/4/2008 dated April 30, 2008 regarding Tariff Calculation Procedures for Basic Telephony Services on Fixed Wireline Networks (&#8220;MoCI Regulation No.15/2008&#8221;), </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">limits our interconnection tariffs </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">in accordance </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">to&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">a </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">specified </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">cost-based formula</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">.&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">MoCI Regulation No.15/2008 also provides that our tariff structure </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">be&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> comprised of a connection fee, monthly charges, usage charges and additional facilities fees. We are required by MoCI Regulation No.15/2008 to report our </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">cost-based tariff calculation</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> to the ITRA. </FONT></P>

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<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=black face="Times New Roman">F.</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">IDD Services</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">We received our IDD license in May 2004 and began offering IDD fixed line services to customers in June 2004 using the &#8220;007&#8221; IDD access code. The Indosat IDD access code is &#8220;001&#8221;. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Our </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">December 2005 interconnection agreement with Indosat enables Indosat&#8217;s network customers to access our IDD services by dialing &#8220;007&#8221; and our network customers to access Indosat&#8217;s IDD services by dialing &#8220;001&#8221;.</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=black 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=black face="Times New Roman">On February 12, 2009, the MoCI issued a fixed IDD license to Bakrie Telecom, with international access code &#8220;009&#8221;, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">which has increased the number of potential IDD operators to three.</FONT></P>

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<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">Interconnection fees from international network providers to local network providers are determined based on the interconnection offering document for fixed line local network providers. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> fixed line </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">IDD tariff</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> are regulated by MoCI Regulation No.15/2008 in the same manner as our fixed line </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">DLD </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">services.&nbsp;</FONT></P>

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<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=black face="Times New Roman">G.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Limited Mobility Wireless Services</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">MoC Decree No.KM.35/2004 dated March 11, 2004 regarding Implementation of Fixed Wireless Networks with Limited Mobility</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">as amended by MoCI Decree No.16/PER/M.KOMINFO/06/2011 dated June 27, 2011</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> (&#8220;MoC Decree No.KM.35/2004&#8221;) provides that only local fixed network operators holding licenses issued by the MoC may offer limited mobility wireless </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">(or fixed wireless) </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">access services. In addition, MoC Decree No.35/2004 states that each limited mobility wireless access operator must provide basic telephone services. Under an </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">automated </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">migration feature, customers </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">are able to</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> make and receive calls on their fixed limited mobility wireless access phones using a different number with a different area code.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Indosat, Bakrie Telecom and Mobile-8 also hold limited mobility wireless operating licenses.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Our</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> fixed wireless </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">tariff&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> are regulated by MoCI Regulation No.15/2008 in the same manner as our DLD and IDD fixed line services. </FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">H.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Cellular&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Cellular telephone service is provided in Indonesia on the 1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">8 GHz, 2.1 GHz and 900 MHz radio frequency spectrums, although mobile services on 900 MHz frequency band is currently provided only by Indosat which obtained a license on August 31, 2012. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">The&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> MoCI </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">regulates&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> the use of the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">radio </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">frequency spectrum. Telkomsel obtained frequency allocation for cellular services frequency bands 1.8 GHz and 2.1 GHz. Unlike the 1.8 GHz, the 2.1 GHz frequency band is allocated through a selection process and regulated by:</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Decree of the Minister of Communication and Information No.03/KEP/M.KOMINFO/01/2006 dated January 9, 2006 regarding Business Opportunity in Operation of Third Generation Mobile Cellular Network that has national coverage;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Regulation of the Minister of Communication and Information No.01/PER/M.KOMINFO/1/2006 dated January 13, 2006 regarding the Operation of 2.1 GHz radio frequency band for IMT-2000 mobile network;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Regulation of the Minister of Communication and Information No.02/PER/M.KOMINFO/1/2006, dated January 13, 2006 regarding Selection of Operators of IMT-2000 at 2.1 GHz Radio Frequency Band;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Regulation of the Minister of Communication and Information No.04/PER/M.KOMINFO/1/2006 dated January 30, 2006 regarding the Auction Procedure of 2.1 GHz Radio Frequency Band for IMT &#8211; 2000 Mobile Cellular Network Operation;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Regulation of the Minister of Communication and Information No.07/PER/M.KOMINFO/2/2006 dated February 8, 2006 regarding the Use of 2.1 GHz Radio Frequency Band for Mobile Cellular Network; and</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">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Decree of the Minister of Communication and Information No.07/KEP/M.KOMINFO/01/2006 regarding the Determination of Auction Document Number for IMT-2000 Operator Selection at 2.1 GHz Radio Frequency Band.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Our</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> cellular </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">tariff</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">s are regulated </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">under&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> MoCI Regulation No.09/PER/M.KOMINFO/04/2008 dated April 7, 2008 regarding &#8220;Mechanism to Determine Tariff of Telecommunication Services which Connected through Mobile Cellular Network&#8221; (&#8220;MoCI Regulation No.9/2008&#8221;), which </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">provided&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> guidelines to determine cellular tariffs with a formula consisting of network element cost and retail services </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">activiti</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">y cost. Pursuant to MoCI Regulation No.9/2008, the</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> cellular tariffs </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">of operating telecommunication services which connected through mobile cellular network consist of basic telephony services tariff, roaming tariff and/or multimedia service tariff. </FONT></P>

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<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=black face="Times New Roman">I.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Interconnection &nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">The</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> Telecommunications Law </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">expressly prohibits</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> monopolistic and unfair business </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">practices and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">requires network providers to allow users to access </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">other </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">users or </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">obtain </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">services </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">from&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> other networks by paying </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">interconnection </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">fees agreed upon by each network operator. Government Regulation No.52/2000 dated July 11, 2000 regarding Telecommunications Operations provides that interconnection charges between two or more network operators must be transparent, mutually agreed </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">upon&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> and fair. </FONT></P>

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<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">On February 8, 2006, the MoCI issued Regulation No.8/PER/M.KOMINFO/02/2006 on Interconnection (&#8220;MoCI Regulation No.8/2006&#8221;), mandated a cost-based interconnection tariff scheme for all network and services operators </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">replacing </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">previous </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">revenue-sharing scheme. Under the new scheme</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">, interconnection charges are determined by the network</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> operator on </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">which a call terminates based on a </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">long-run incremental cost</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> formula provided under </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">MoCI Regulation No.8/2006.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">MoCI Regulation No.8/2006 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">requires&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> operators</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> to</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> submit to the ITRA annual RIO proposals containing proposed interconnection tariffs for the coming year. Operators are required to use the cost-based methodology in preparing RIO proposals, and the ITRA and MoCI are required to use the same methodology in evaluating the RIO proposals and approving interconnection tariffs. The RIO proposals also include call scenarios, traffic routing, point of interconnection, procedure for requesting and providing interconnection, and other matters. RIOs must also disclose the type of interconnection services offered and tariffs charged for each service offered. Interconnection access <FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">providers are required to implement a queuing system on a First-in-First-Serve basis. Additionally, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">network </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">interconnection must be </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">implemented in a </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">transparent and without discrimination. </FONT></FONT></P>

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<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">Pursuant to MoCI Regulation No.8/2006 and ITRA Letter No.246/BRTI/VIII/2007 dated August 6, 2007, we submitted a RIO proposal to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">ITRA in October 2007, which covered adjustments for operational, configuration, technical and service offerings. In December 2007, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">we and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">all </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">other </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">network operators signed new interconnection agreements </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">that super</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">se</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">ded pr</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">e</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">vious</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> interconnection agreements between </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">us and other </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">network operators</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> which also amended</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> all interconnection agreements signed in December 2006. These agreements temporarily served in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">lieu&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> of RIOs while the ITRA continued to review the RIO proposals received from ourselves and other operators.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">On February 5, 2008, the ITRA required that we and other operators begin implementing the cost-based interconnection tariff regime. On April&nbsp;11, 2008, pursuant to Directorate General of Post and Telecommunication ("DGPT")&nbsp;Decree No.205/2008, the ITRA and the MoCI approved RIO </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">proposals </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">from all operators to replace previous interconnection agreements. The RIO approved in 2008 was </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">effective&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> until July 29, 2011 when </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">new </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">interconnection charges </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">were implemented</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> as stipulated </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">in </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITRA Letter No.227/BRTI/XII/2010 dated December 31, 2010 regarding the Implementation of Interconnection Charges in 2011. This is the result of interconnection charges recalculation conducted in 2010 by MoCI that was agreed on by all operators and outlined in a Memorandum of Understanding. In this process, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">we&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> were </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">appointed as a</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> default data source for the calculation of fixed </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">wireline&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">fixed </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">local </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">interconnection tariffs. Our subsidi</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">a</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">ry, Telkomsel, and Indosat were similary appointed as the default data source</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> for the calculation cellular interconnection</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> tariffs</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. Meanwhile, Indosat data is positioned as a benchmark for calculating the cost of cellular mobile network interconnection. The results of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">this&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> interconnection charges </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">reform&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> caused a </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">slight </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">decrease in interconnection costs</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">.&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">On December 12, 2011, the ITRA changed the SMS interconnection fee basis from a &#8220;Sender Keep All&#8221; basis to a cost basis interconnection fee calculation which required certain amendments to RIOs agreed upon in 2011. MoCI Regulation No.8/2006 stipulates that the RIO of telecommunications network operators generating operating revenue that is equal </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">to </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">or more than 25% of the combined revenues of all telecommunication operators that serve the same respective segment, must obtain ITRA&#8217;s approval, necessitating changes in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> and Telkomsel</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8217;s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> RIOs which were approved on June 20, 2012. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">In 2012, we</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> and Telkomsel were confirmed as telecommunication network operators that are capable of posting revenue of 25% or more of total operating revenues of all telecommunication operators combined in the respective segments in 2012, through the Decree of the Director General of PPI No.181A/KEP/DJPPI/KOMINFO/5/2012 dated May 16, 2012. Until this report is published, no recalculation of interconnection fees for 2012 had been done as doing such should have been preceded by an evaluation on interconnection charges in 2011.</FONT></P>

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<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=black face="Times New Roman">J.</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">VoIP&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">In January 2007, the Government implemented new interconnection regulations and a five-digit access code system for VoIP services pursuant to MoCI Decree No.06/P/M.KOMINFO/5/2005. Under the Decree, the prefix for VoIP, which was originally 01X, was changed to 010XY. On April 27, 2011, the MoCI issued Regulation No.14/PER/M.KOMINFO/04/2011, which imposed quality control standards</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> in relation to VoIP services</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">which became </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">effective three months thereafter, to which we and other operators must adhere </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">to</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">. &nbsp;</FONT></P>

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<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=black face="Times New Roman">K.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">IPTV&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In August 19, 2009, MoCI issued Ministerial Decree No.30/PER/M.KOMINFO/8/2009 regarding the undertaking of IPTV services in Indonesia, in order to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">address the convergence of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">telecommunications services </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">with&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> broadcasting and electronic transactions. In July 2010</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, MoCI replaced this regulation with </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">MoCI Regulation No.11/PER/M.KOMINFO/07/2010 (&#8220;MoCI Regulation No.11/2010&#8221;)</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> which established the legal basis for the licensing and regulates the provision of IPTV services, including the rights and obligations of IPTV providers, technical standards, foreign ownership requirements and the use of domestic independent content providers.</FONT></P>

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<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">MoCI Regulation No.11/2010 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">recognizes </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">IPTV </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">as</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> a convergence of telecommunications, broadcasting, multimedia and electronic transactions a</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">nd provides that only a </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">consortium comprising at least two Indonesian entities may be licensed as an IPTV provider. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Each</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> consortium must</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> together</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> hold license</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> as a local fixed network provider, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">internet services provider</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> and one broadcast services provider. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Such</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> consortium may </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">only </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">provide IPTV services in the area </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">covered by</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> all three required licenses. MoCI Regulation No.11/2010 further requires that IPTV services be delivered through a wire network.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black 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=black face="Times New Roman">We obtained </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> IPTV license through our subsidiary</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> PT Indonusa Telemedia</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> on April 27, 2011. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Our </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">operating license covers Jabodetabek, Bandung, Surabaya, Bali and Semarang. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman">&nbsp;&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=black face="Times New Roman">L.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Satellite &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">Our international satellite business is highly regulated. In addition to being subject to domestic licensing requirements and regulation for the use of orbital slots and radio frequencies as stipulated in MoCI Regulation No. 13/P/M.KOMINFO/8/2005 dated September 6, 2004 which is partially amended by MoCI Regulation No.37/P/M.KOMINFO/12/2006 dated December 6, 2006 (&#8220;MoCI Regulation No.37/2006&#8221;), our satellite operations is also regulated by the Radio Communications Bureau of the International Telecommunications Union.</FONT></P>

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<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">Furthermore, MoCI Regulation No.37/2006 dated December 6, 2006 requires foreign satellite operators to obtain a landing right license to operate in Indonesia which requires such foreign satellite operators to coordinate with domestic satellite operators, including us, to ensure that no Indonesian satellite and terrestrial systems will be disrupted by their operation.</FONT></P>

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<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=black face="Times New Roman">M.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Consumer Protection</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">Under the Telecommunications Law, each </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">network provider is required to protect</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> consumer </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">rights</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> in relation to</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">, among others,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> quality of services, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">tariffs and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">compensation. Customers injured or damaged by negligent operations may file claims against negligent providers. Telecommunications consumer protection regulations provide service standards for telecommunication operators. </FONT></P>

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<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=black face="Times New Roman">N.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">USO &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">All telecommunications operators, whether network or service providers, are bound by a USO </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">regulation </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">that requires them to contribute&nbsp;in providing telecommunication facilities and infrastructure in the interest of opening equal access to telecommunications throughout all regions in Indonesia, which is generally done by way of financial contribution. MoCI Regulation No.32/PER/M.KOMINFO/10/2008 dated October 10, 2008 regarding the USO (as amended by MoCI Regulation No.03/PER/M.KOMINFO/02/2010 dated February 1, 2010) (&#8220;MoCI Regulation No.32/2008&#8221;) provides that USO funds received will be used to fund telephone, SMS and internet access in remote and other areas of Indonesia that have been classified as USO regions where it is not economical to provide these services. </FONT></P>

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<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">USO payment requirements are calculated as a percentage of our and Telkomsel&#8217;s unconsolidated gross revenues less uncollectable receivables from the telecommunication operation (e.g., bad debt expense) and payments received for interconnection expense which belong to other parties. Pursuant to </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Government&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> Regulation No.7/2009 dated January 16, 2009 regarding Tariffs for Non-Tax State Revenue that apply to the Ministry of Communication and Information (&#8220;GR No.7/2009&#8221;), the current USO tariff rate is 1.25% of gross revenue. We paid USO amounts of Rp879 billion in 2011 and Rp994 billion in 2012.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">O.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Telecommunication Regulatory Charges</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">On January 16, 2009, the Government issued Government Regulation No.7/2009, which sets the types of non-tax state revenues that apply to the MoCI derived from various services, including telecommunications. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><I><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black face="Times New Roman"></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We are required to pay right-of-use fees related to the radio frequency spectrum that we use. The right-of-use fees with reference to our BTS licensing </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">were </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">payable annually based on a formula that </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">took </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">into account base prices for both radio frequency spectrum and transmission capacity, as adjusted by fee indices set by the Minister of Communications and Information in consultation with the Minister of Finance. The right-of-use fees calculated with reference to our radio frequency spectrum is determined by tender and comprises of both an upfront fee and radio frequency spectrum (&#8220;IPSFR&#8221;) annual fees.</FONT></P>

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<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">On December 13, 2010, the Government issued Government Regulation No.76/2010 amending Government Regulation No.7/2009. Pursuant to Government Regulation No.76/2010, we are no longer required to pay right-of-use fees calculated with reference to the BTSs that we deploy in our network, except for BTSs deployed in our backbone, with effect from December 15, 2010. As a result, our right-of-use fees are now calculated based on the bandwidth of the radio frequency spectrum that we use.</FONT></P>

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<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">In addition to radio frequency spectrum right-of-use fees, Government Regulation No.7/2009 requires all telecommunications operators to pay an annual license fee for telecommunication operation, which is equal to 0.5% of unconsolidated gross revenues, from which uncollectible receivables from telecommunication operation (e.g., bad debt expense) </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">interconnection payable, and/or connections utilized by other parties may be deducted.</FONT></P>

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<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">Pursuant to Law No.28/2009 regarding Local Taxes and Local Fees, local governments are permitted to impose fees on the sites that we use for telecommunications towers. The fees may not exceed 2% of the site&#8217;s assessed tax value. Currently, there are some 525 local (provincial and regency level) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">governments </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">through out </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Indonesia&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> that may be authorized to impose these fees to increase in the future. </FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">P.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Telecommunications Towers</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">On March 17, 2008, the MoCI issued MoCI Regulation No.02/PER/M.KOMINFO/3/2008 regarding Guidelines on Construction and Utilization of Sharing Telecommunication Towers (&#8220;MoCI Regulation No.02/2008&#8221;). Under MoCI Regulation No.02/2008, the construction of telecommunications towers requires permits from the relevant governmental institution, while the local government determines the placement and locations at which telecommunications towers may be constructed. In addition, telecommunications providers that own telecommunication towers and other tower owners are obligated to allow other telecommunication operators to utilize their telecommunication towers without any discrimination, with due regards to the technical capacity of the respective tower.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Since the operations of telecommunication towers involves a number of relevant Government bodies, on March 30, 2009, a joint regulation is issued in the forms of Minister of Home Affairs Regulation No.18/2009, Minister of Public Works Regulation No.07/PRT/M/2009, MoCI Regulation No.19/PER.M.KOMINFO/03/2009 and Head of the Investment Coordinating Board Regulation No.3/P/2009 regarding Guidelines for the Construction and Shared Use of Telecommunications Towers (&#8220;Joint Decree&#8221;). </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Joint Decree regulates that license for telecommunication tower construction is to be issued by regents or mayors, and for Jakarta Province, its Governor. The Joint Decree also provides for tower construction standards and requires that telecommunications towers be made generally available for shared use by telecommunications service providers. The owner of a telecommunications tower is allowed to collect a fee, which is negotiated with reference to costs associated with investment and operational costs, the return of investment and a profit. Monopolistic practices in the ownership and management of telecommunications towers is prohibited. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In addition to the Joint Decree and MoCI Regulation No.02/2008, several regional authorities have implemented regulations limiting the number and location of telecommunication towers and require operators to share in the utilization of telecommunications towers.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Competition</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Measures following the Telecommunications Law&#8217;s adoption in 2001 moved the Indonesian telecommunications sector from a duopoly between Indosat and us to one with multiple competing providers. See &#8220;Legal Basis and Regulation &#8211; Introduction of Competition in the Indonesian Telecommunications Industry&#8221;.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> &nbsp;</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Government currently promotes liberalization, competition and transparency in the telecommunications sector. It does not prevent providers from attaining and capitalizing upon a dominant market position. However, t</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">he Government does prohibit operators from abusing a dominant position. In March 2004, the MoC issued Decree No.33/2004, which prescribes measures to prohibit such abuse by dominant network and service providers. A provider is considered dominant based on factors such as scope of business, service coverage area and control </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">a particular market. Specifically, Decree No.33/2004 prohibits dumping, predatory pricing, cross-subsidies, mandatory use of a provider&#8217;s services (to the exclusion of competitors) and hampering mandatory interconnection (including discrimination against specific providers).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Competition in the telecommunications sector, like all Indonesian business sectors, is also governed more generally by Law No.5/1999 dated March 5, 1999 regarding Prohibition of Monopolistic Practice and Unfair Business Competition (&#8220;Competition Law&#8221;). The Competition Law bans agreements and activities tending toward unfair business competition, as well as the abuse of a dominant market position. Pursuant to the Competition Law, the Commission for the Supervision of Business Competition (&#8220;KPPU&#8221;) has been established as Indonesia&#8217;s antitrust regulator with the authority to enforce the provisions of the Competition Law. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The Competition Law is implemented by various regulations, including Government Regulation No.57/2010 dated July 20, 2010 regarding Mergers and Acquisitions Potentially Causing Monopolistic Practices or Unfair Business Practices. Government Regulation No.57/2010 permits voluntary consultation with the KPPU prior to a merger or acquisition, resulting in the KPPU issuing a non-binding opinion. Government Regulation No.57/2010 also requires that a mandatory report be made to the KPPU after a merger or acquisition is completed if the transaction exceeds certain asset or sales value thresholds. </FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Fixed Line, Fixed Wireless an</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">d </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">DLD&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our exclusive right to provide domestic fixed line telecommunications services in Indonesia ended following the Telecommunications Law&#8217;s implementation in 2000. The MoC issued licenses to Indosat for domestic fixed line services in August 2002 and for DLD telephone services in May 2004. We entered into an interconnection agreement with Indosat dated September 23, 2005 to allow interconnection between our local fixed line services in Jakarta, Surabaya, Batam, Medan, Balikpapan, Denpasar and certain other areas. By 2006, Indosat was able to provide nationwide DLD services through its CDMA-based fixed wireless network, its fixed line network and these interconnection arrangements with us. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In an attempt to liberalize DLD services, the Government required each DLD provider to implement a three-digit access code to be dialed by customers making DLD calls. These regulations were first implemented in Balikpapan in 2008, with Balikpapan residents given the option to make a normal DLD call or to select a three-digit code assigned to Indosat or to us. Under current regulations, this system is to be applied nationally beginning September 27, 2011. See &#8220;Legal Basis and Regulation &#8211; Introduction of Competition in the Indonesian Telecommunications Industry&#8221;.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Indosat remains our largest competitor with respect to fixed line and DLD services and we also compete against other fixed line service providers such as PT Bakrie Telecom, Tbk. (formerly Ratelindo) and PT Batam Bintan Telecom. However, traditional fixed line services have faced and will continue to increasingly face competition from cellular services, particularly as cellular tariff decrease, and from other alternate services such as fixed wireless, SMS, VoIP and e-mail services.</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Telkom Flexi, our fixed wireless network is the largest in Indonesia with coverage of 370 cities offering limited mobility and charging customers based on PSTN tariff that is principally lower than that of GSM. For comparison, Indosat in 2004 launched its CDMA-based fixed wireless phone service under the brand name &#8220;StarOne&#8221; in Jakarta and Surabaya. Bakrie Telecom offers fixed wireless services in more than 30 cities and Mobile-8 was granted a nationwide fixed wireless access license in 2009. In general, the technologies employed by CDMA and fixed wireless access operators are less capital-intensive, previously allowing these operators to offer more competitive prices than GSM operators. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Furthermore</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, licensing fees for radio stations of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">fixed </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">wireless mobile phone connections is lower than </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">cellular</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">.&nbsp;</FONT></P>

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<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=black face="Times New Roman">B.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Cellular&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">We operate our cellular service business through our majority-owned subsidiary, Telkomsel. As of December 31, 2012, Indonesia&#8217;s cellular market is dominated by Telkomsel, Indosat and XL Axiata, which collectively account for </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">83.1</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">% of the full-mobility cellular market. Other providers include Hutchison, Natrindo, Smart Telecom and Bakrie Telecom. </FONT></P>

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<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">There were approximately </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">276.0&nbsp;</FONT><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=IN face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">million full-mobility cellular subscribers in Indonesia as of December 31, 2012, a</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">10.7</FONT><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">% </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">increase from approximately </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">249.4&nbsp;</FONT><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=IN face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">million as of December 31, 2011. The cellular penetration rate in Indonesia stood at approximately </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">110</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">% as of December 31, 2012. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We believe that Telkomsel competes effectively in the Indonesian cellular market on the basis of price, coverage, service quality and value added services. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">As of December 31, 2012, Telkomsel remained the largest national licensed provider of cellular services in Indonesia, with </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">approximately 125.1</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">million cellular subscribers and a </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">market share of</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> 45.3</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">% </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">of the full-mobility cellular market. The second and the third largest providers were Indosat and XL </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">A</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">xiata, which have a market share of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">21.2</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">% </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">16.6</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">%&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> respectively, based on the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">estimated&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> number of subscribers as of December 31, 2012. In addition to the nationwide GSM operators, a number of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">smaller&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> regional GSM, analog and CDMA fixed wireless providers operate in Indonesia</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">.&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The following table sets out information as of December 31, 2012 for each of the three leading cellular providers with national coverage:</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FI color=black>Operator</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FI color=black>Telkomsel</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FI color=black>Indosat</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FI color=black>XL Axiata</FONT></B></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=FI color=black face="Times New Roman">Launch date<SUP> </SUP></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FI color=black>May-1995</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=FI color=black face="Times New Roman">Nov-1994<SUP>(2)</SUP></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FI color=black>Oct-1996</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman">2G Licensed frequency bandwidth (GSM 900 &amp; 1800)<SUP> </SUP></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FI color=black>30 MHz</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FI color=black>30 MHz</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=FI color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FI color=black>15 MHz</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman">3G Licensed frequency bandwidth (2.1 GHz)<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FI color=black>10 MHz</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=FI color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FI color=black>10 MHz</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=FI color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FI color=black>5 MHz</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman">Market share<SUP>(1)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>45.3</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">%&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>21.2</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">%&nbsp;</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>16.6</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">%&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=FI color=black face="Times New Roman">Subscribers<SUP>(1)</SUP></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>125.1 </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>million&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face="Times New Roman"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>58.5 </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>million&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" face="Times New Roman"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>45.8&nbsp;</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> million</FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

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<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=EN-GB color=black face="Times New Roman">(1)&nbsp;&nbsp; Internal estimate, dated December 31, 2012 based on various statistics compiled by us.</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-GB color=black face="Times New Roman">(2)&nbsp;&nbsp;&nbsp;In November 2003, Indosat and Satelindo merged and Indosat took over Satelindo&#8217;s cellular operations.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 9pt" lang=EN-GB color=black 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 face="Times New Roman">Hutchison and Natrindo also provide cellular services in Indonesia and in 2012 were each awarded an additional 10 MHz of spectrum on the 3G license frequency bandwidth (2.1 GHz). This additional spectrum increased their respective total allocated frequency spectrum to 20 MHz and 25 MHz each.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=Times></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>In accordance with the announcement of MoCI No.19/PIH/KOMINFO/2/2013 dated February 25, 2013, Telkomsel has been selected as one of the companies to be granted an additional 3G license with radio frequency in the 2.1 GHz bandwidth.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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=black face="Times New Roman">C.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">IDD&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">We acquired a commercial IDD license in May 2004 and in June 2004 we began delivering full IDD services for our fixed wireline subscribers. We were awarded this license following the early termination by the DGPT in August 2001 of Indosat&#8217;s exclusive right to operate IDD services.</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=black 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 face="Times New Roman">We conducted extensive preparations to offer IDD services prior to receiving our license in 2004. Our initial preparations included upgrading switching facilities to establish International Gateway capabilities in Batam, Jakarta and Surabaya. Two microwave links, connecting Batam-Singapore and Batam-Pangerang (Malaysia), were built to facilitate connections with overseas operators.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> In 2003, together with SingTel Mobile and CAT, we developed the TIS submarine cable system connecting Batam, Singapore and Thailand. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We completed the deployment of a new </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">submarine optical cable to connect Dumai (Indonesia) with Melaka (Malaysia) in December 2004, pursuant to an agreement with Telekom Malaysia Berhad. Our international cable was extended by purchasing bandwidth capacity <FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">to connect with Hong Kong, the United States and other countries. In December 2004, we completed the ground segment to connect to the Intelsat Satellite. The Batam Singapore Cable System network began operating in May 2009, while the Asia America Gateway network began operating in October 2009. On January 25, 2008, we transferred our international operations, including IDD, to our subsidiary, Telin. </FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">Telkomsel now has the largest IDD Service consumer base. IDD faces competition primarily from the rapid broadband services development that has far improved Internet-based voice services likes Skype and Google Talk.</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We formally launched our VoIP services in September 2002. VoIP uses data communications to transfer voice traffic over the internet, which usually provides substantial cost savings to subscribers. A number of other companies, including XL Axiata, Indosat, Atlasat Solusindo Pte, Ltd., PT Gaharu Sejahtera, PT Satria Widya Prima, PT Primedia Armoekadata Internet and PT Jasnita Telekomindo also provide licensed VoIP services in Indonesia. Other unlicensed operators also provide VoIP services that may be accessed through websites or through software that allows voice communications through the internet</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> using</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> computers or smartphones.&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 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 face="Times New Roman">VoIP operators compete primarily on the basis of price and service quality. VoIP operators, including us, have begun to offer budget calls and other products aimed at price sensitive users such as prepaid calling cards, which are expected to result in greater competition among VoIP operators and IDD service providers. We currently offer our primary VoIP service &#8220;Telkom Global-01017&#8221; and the lower-cost alternative &#8220;Telkom Save&#8221;. Telkom Save offers discounted rates for certain countries to which there is heavy traffic from Indonesia while offering regular VoIP tariff rates for other countries. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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=black face="Times New Roman">E.</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">Satellite &nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Asia-Pa</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">c</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">ifi</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">c region and especially Southeast Asia continues to need </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">satellite</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">s for both </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">telecommunications </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">broadcasting-</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">infrastructure, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">t</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">he major factors for this need are as follows</FONT><FONT style="FONT-SIZE: 10pt" lang=IN 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=IN face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">High market demand for GSM trunking;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Continuing growth in the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">DTH television</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> market;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">The value of satellite services in disaster recovery.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">At the same time, numerous regional and global operators are focusing on satellite operation services in this region, resulting in increasingly tight competition in the satellite business in the region in terms of coverage, product as well as pricing.&nbsp;Southeast Asia is one of the most fragmented markets for satellite operators in the world, with around 17 global as well as regional players competing in the area, including:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">1.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">SES Global (Luxembourg)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">2.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Eutelsat Asia (France) </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">3.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">APT Satellite (Hong Kong)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">4.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">AsiaSat (Hong Kong)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">5.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">JSAT (Japan)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">6.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">MEASAT (Malaysia)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">7.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">MCI &#8211; Media Citra Indostar (Indonesia)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">8.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Indosat (Indonesia)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">9.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">VinaSat (Vietnam)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">10.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">SingTel/Optus (Singapore)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">11.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Telkom (Indonesia)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">12.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">ChinaSat (China)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">13.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Mabuhay (Philippines)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">14.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Thaicom (Thailand)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">15.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">ABS (Hong Kong)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">16.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">ProtoStar (Singapore)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">17.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Lippo Star (Indonesia)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">Generally, large global satellite operators can use economies of scales to offer more competitive</FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">prices without affecting their financial performance. This may result in a market premium subsidy in very competitive markets. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">T</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">he satellite industry </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">in Indonesia is one of the most competitive in Southeast Asia</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">. This is evident from the shift in market structure since 2003 from monopoly to oligopoly. One of the reasons for this shift in market structure is that the domestic satellite industry is not strictly regulated by the Government of Indonesia. Although Ministerial Regulation No.37/P/M.KOMINFO/12/2006 dated December 6, 2006 issued by the Minister of Communications and Information was intended as an entry barrier for foreign satellite operators, the currently applied &#8220;open sky&#8221; policy has in fact increased competition amongst domestic and foreign satellite operators. Another factor in the shift in </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">market structure is the limited capacity of domestic satellite operators, including </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">us</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">, which are thus unable to benefit from the fast growing market demands in Indonesia.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our satellite operations primarily consist of leasing satellite transponders capacity to broadcasters and operators of VSAT, cellular and IDD services and ISPs, as well as providing earth station satellite up linking and down linking services to domestic and international users. We face competition from foreign and domestic service providers and compete most closely in Indonesia with Indosat and Pasifik Satelit Nusantara (&#8220;PSN&#8221;). Other private satellites serving the broadcasting market within the coverage of the Telkom-1 and Telkom-2 satellites include AsiaSat-2, AsiaSat-4, AsiaSat-3S, Apstar-2R, Apstar-5, Apstar-6, ThaiCom 3, Measat-2, Measat-3, Measat-3a, PanAmSat-4 and PanAmSat-7. Our direct competitors in Asia are MeasatSdn. Bhd, which operates the Measat satellites, APT Satellite which operates the Apstar satellite, and Shin Satellite PCL</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> which operates the ThaiCom satellite.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">Moreover, with the increasing popularity of DTH television, there is increasing competition in the satellite business due to the launch of new and more powerful regional satellites. DTH is the reception of satellite programs with exclusive choices in an individual home. Our domestic broadcasters are tapping into this trend, and have begun to seek DTH licenses national broadcasting services in Indonesia. DTH television will enable broadcasters to distribute their program content without utilizing our telecommunication network, thereby entirely bypassing our telecommunications services. With the growing popularity of DTH, we face the possible loss of customers since DTH uses a satellite platform that we do not provide.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">F.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN 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">BTS&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">w</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">e operate</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">d 60,011 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">BTS located throughout Indonesia. Through our subsidiary, PT Dayamitra Telekomunikasi, we lease out space to other operators to place their telecommunications equipment on these towers, for which we receive a fee. Our principal competitors in this business are XL Axiata, Indosat, Bakrie Telecom and PT Tower Bersama Infrastructure Tbk. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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=black face="Times New Roman">G.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Others&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Deregulation in the Indonesian telecommunications sector has encouraged competition in the multimedia, internet, and data communications services businesses. The diversification of businesses has gained momentum with the result that competition is now intense, particularly in terms of price, range of services offered, quality and network coverage, as well as customer service quality. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Licensing</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">To provide national telecommunications services, we have a number of product and service licenses that are consistent with the applicable laws, regulations or decrees.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Following the issuance of MoCI Regulation No.01/PER/M.KOMINFO/01/2010 (&#8220;MoCI Decree No.01/2010&#8221;) dated January</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> 25,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> 2010 concerning the Provision of Telecommunication Network, we were required to adjust our telecommunications </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>license to provide telecommunications </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">services. We have secured new licenses that have been adjusted as required of which are as follows: </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="times new roman">A.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Fixed Network and Basic Telephony Services</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Based on the report submitted by us concerning the operation of fixed network and as part of the adjustment to MoCI Decree No.01/2010, we had our licenses adjusted in 2010 for the operation of local fixed network, direct long distance, international call and closed fixed network, explained as follows:</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 face="times new roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">MoCI Decree No.381/KEP/M.KOMINFO/10/2010 dated October </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">28, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">2010 on the License of Operating Local Fixed Network and Basic Telephony Services of PT Telekomunikasi Indonesia, Tbk;</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 face="times new roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">MoCI Decree No.382/KEP/M.KOMINFO/10/2010 dated October </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">28, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">2010 on the License of Operating Fixed Network of Domestic Long Distance and Basic Telephony of PT Telekomunikasi Indonesia, Tbk;</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 face="times new roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">MoCI Decree No.383/KEP/M.KOMINFO/10/2010 dated October </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">28, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">2010 on the License of Operating Fixed Network of International Call and Basic Telephony Services of PT Telekomunikasi Indonesia, Tbk; and</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 face="times new roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">MoCI Decree No.398/KEP/M.KOMINFO/11/2010 dated </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">November 12, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">2010 on the License of Operating Closed Fixed Network of PT Telekomunikasi Indonesia, Tbk.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="times new roman">Following the issuance of MoCI Decrees No.381, 382 and 383, our previous licenses for operating a fixed network and basic telephony services previously owned by us based on MoC Decree No.KP.162 of 2004 dated May 13, 2004 ceased to be in effect. The licenses do not have a set expiry date, but are evaluated every five years. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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=black face="times new roman">B.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Cellular&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Telkomsel holds licenses to operate a nationwide GSM mobile cellular telephone network using 7.5 MHz of radio frequency bandwidth in the 900 MHz band and using 22.5 MHz of radio frequency bandwidth in the 1,800 MHz band. Telkomsel also holds licenses from the Indonesian Investment Coordinating Board that permit Telkomsel to develop cellular services with national coverage, including the expansion of its network capacity. In addition, Telkomsel holds permits and licenses from and registrations with certain regional governments and/or governmental </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">agencies, primarily in connection with its operations in such regions, the properties it owns and/or the construction and use of its BTS.</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">In February 2006, the Government held a tender for three 2.1 GHz spectrum licenses, each with a bandwidth of 5 MHz, to be used in conjunction with the new licenses to operate a nationwide 3G cellular telecommunication network. One of the licenses went to Telkomsel. Telkomsel obtained a 3G license on a 2.1 GHz band for a ten-year period as set out regulated in MoCI Decree No.19/KEP/M.KOMINFO/2/2006 dated February</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> 14,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> 2006. The license will be extended after being evaluated by the MoCI. Telkomsel started its commercial 3G service in September 2006.</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 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=black face="times new roman">Based on </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">MoCI Decree </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">No.101/KEP/M.KOMINFO/10/2006 dated October</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman"> 11,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> 2006, Telkomsel had its license renewed <FONT style="FONT-SIZE: 10pt" face="Times New Roman">and given </FONT>rights to provide: (i) mobile telecommunications service with radio frequency bandwidth in 900 MHz and 1,800 MHz; (ii) mobile telecommunications service of IMT-2000 with radio frequency bandwidth in 2.1 GHz (3G) and (iii) basic telecommunications services. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">The licenses do not have a set expiry date, but it will be evaluated every five years</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"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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 face="times new roman">C.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">International Calls</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">We </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>commenced our</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> international call service in 2004. Our license for operating a fixed network to provide international call services was adjusted in 2010 to meet the requirements of MoCI Decree No.01/2010 with the issuance of MoCI Decree No.383/2010. The license does not have a set expiry date, but it will be evaluated in 2015.</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 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 face="times new roman">We have a license to operate a closed fixed network based on MoCI Decree No.398/KEP/M.KOMINFO/11/2010, which amends the previous license, to meet the provisions in MoCI Decree No.01/2010. The license allows us to lease the installed closed fixed network</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> to among others</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> telecommunication network and service operators, including providing an international telecommunication transmission facility through a SCCS directly to Indonesia for overseas telecommunication operators.</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 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 face="times new roman">According to MoCI Decree No.16/PER/M.KOMINFO/9/2005 dated October</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> 6,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> 2005 concerning Provision of International Telecommunications Transmission Facilities through SCCS, overseas telecommunications operators wishing to provide an international telecommunications transmission facilities through the SCCS directly to Indonesia are required to set up a partnership with a fixed network of international call services or closed fixed network provider. In line with MoCI Decree No.16/2005, the international telecommunication transmission facilities provided through SCCS are served by us on the basis of landing rights attached to our license to operate fixed network of international call services. We have also secured landing rights based on the landing right Letter No.006-OS/DJPT.6/HLS/3/2010 dated March 2, 2010 from MoCI.</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 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 face="times new roman">On March 2, 2010, the MoCI issued Decree No.75/KEP/M.KOMINFO/03/2010 granting our subsidiary, Telin, a license to operate a closed fixed line network which enables Telin to provide international infrastructure services. Separately, Telin secured landing rights in Indonesia from the DGPT to provide international telecommunications transmission facilities through SCCS.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="times new roman">D.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">VoIP &nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">We are licensed to provide internet telephony services for public needs as stated in DGPT Decree No.384/KEP/DJPT/M.KOMINFO/11/2010 dated November </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">29, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">2010 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">on VoIP services. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">This license does not have a set expiry date, but it will be evaluated every five years.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="times new roman">Telkomsel also licensed to provide internet telephony services for public needs as stated in DGPT Decree </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">No.226/DIRJEN/2009 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">on VoIP services. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">This license does not have a set expiry date, but it will be evaluated every five years.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></B>&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 face="times new roman">E.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">ISP&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">We are licensed as an ISP under DGPIO Decree No.83/KEP/DJPPI/KOMINFO/4/2011 dated April</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> 7,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> 2011. This license does not have a set expiry date, but it will be evaluated every five years.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="times new roman">Telkomsel is also licensed to provide multimedia Internet access services with nation-wide coverage under DGPT Decree No.213/DIRJEN/2010. This license does not have a set expiry date, but will be evaluated annually, with a comprehensive evaluation every five years.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></B>&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 face="times new roman">F.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Internet Interconnection Service</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We hold a license to provide internet interconnection services by referring to DGPT Decree No.275/Dirjen/2006 regarding license for Internet Interconnection Service for PT Telekomunikasi Indonesia Tbk. This license does not have a set expiry date, but it will be evaluated every five years.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="times new roman">G.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">BWA&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">In July 2009, we won </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">tender for a BWA license and the right to provide BWA services in twelve zones, comprising&nbsp;<FONT style="FONT-SIZE: 10pt" face="Times New Roman">eight</FONT> zones on 3.3 GHz (North Sumatra, South Sumatra, Central Sumatra, West Kalimantan, East <FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Kalimantan, West Java, JABODETABEK and Banten)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">five</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> zones </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">on 2.3 GHz (Central Java, East Java, Papua, Maluku, and the northern part of Sulawesi).</FONT></FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">In August 2009, the MoCI issued Ministerial Decree No.237/KEP/M.KOMINFO/7/2009 regarding the Appointment of the Winning Bidders for Packet Switched-Based Local Fixed Access Network Operators Using the 2.3 GHz Radio Frequency for Wireless Broadband Services. Because of inadequate implementation by the winning bidders, the MoCI later issued Regulation No.19/PER/M.KOMINFO/09/2011 dated September 14, 2011 (&#8220;MoCI Regulation No.19/2011&#8221;), which released operators on the 2.3GHz radio frequency from the obligation to use the particular technology specified in the bid terms for the 2.3 GHz radio frequency, which were set out in MoCI Regulation No.22/PER/M.KOMINF0/04/2009 April 24, 2009 (&#8220;MoCI Regulation No.22/2009&#8221;). Pursuant to MoCI Regulation No.19/2011, operators on the 2.3 GHz radio frequency are now permitted to freely choose their technology in providing BWA on the 2.3 GHz radio frequency, subject to a requirement that they pay an annual usage rights fee for the third through the tenth year of the license period in which a technology divergent from that specified in MoCI Regulation No.22/2009 is used. On January 9, 2012, MoCI announced that it plans to make available for bidding additional 2.3 GHz radio frequency in the 2300-2360 MHz range for BWA services utilizing neutral technology.</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 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 face="times new roman">MoCI Regulation No.19/2011 also stipulates domestic component obligations for telecommunications devices and equipment used in providing BWA on the 2.3 GHz radio frequency. Initial domestic component obligations are 30% for subscriber stations and 40% for base stations, to be increased to 50% within five years. </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 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 face="times new roman">As a result of the switch to neutral technology under MoCI Regulation No.19/2011, we lost vendor support for our preferred technology, which is based on fixed BWA technology. Vendors instead preferred to support the mobile BWA technology selected by other operators. Mobile BWA technology competes with Telkomsel. We therefore returned 4 of the 5 zones, which we had received. We retained our BWA license for Maluku zone so we would continue to qualify as a BWA operator on 2.3 GHz and have the right to access the BWA networks maintained by other operators.</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 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 face="times new roman">Becoming a broadband wireless access operator is in line with the transformation of our business to TIMES, which requires us to have infrastructure that is capable of responding to an increasingly complex market and the demand for ever more convergent products and services, whether in the consumer, enterprise or wholesale segments.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face="times new roman">H.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Data Communication System (&#8220;SISKOMDAT&#8221;)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">We provide SISKOMDAT services under DGPIO Decree No. 169/KEP/DJPPI/KOMINFO/6/2011 dated June 6, 2011 regarding License for Data Communications Systems Services Operation for PT Telekomunikasi Indonesia Tbk. This license does not have a set expiry date but will be thoroughly evaluated every five years.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face="times new roman"></FONT></B>&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 face="times new roman">I.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Payment Method Using e-Money</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Following the implementation of Bank Indonesia&#8217;s Regulation No.11/11/PBI/2009 and Circular Letter of Bank Indonesia No.11/10/DASP each dated on May 13, 2009 regarding how to use card-based payment instruments (&#8220;APMK&#8221;) and Bank Indonesia&#8217;s Regulation No.11/12/PBI/2009 and Circular Letter of Bank Indonesia No.11/11/DASP each dated May 13, 2009 on e-money, Bank Indonesia has redefined the meaning of &#8220;principal&#8221; and &#8220;acquirer&#8221; in operating APMK and e-money business. In light of these regulations, Bank Indonesia confirmed our status as an issuer of e-money based on letter of Directorate of Accounting and Payment System of Bank Indonesia No.11/13/DASP dated May 25, 2009. We operate our e-money business under the brand names &#8220;T-cash&#8221; and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Flexi cash&#8221;.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face="times new roman">With the issuance of Bank Indonesia Circular Letter No. 9/9/DASP dated January 19, 2007, Telkomsel is also permitted to conduct APMK activities, with the launch of Telkomsel </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Tunai&nbsp;</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> prepaid card.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face="times new roman">J.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Remittance Service</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Based on a license from Bank Indonesia No.11/23/Bd/8, dated August 5, 2009, we may operate as a money transfer services provider. We provide a money transfer services product called Delima.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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=IN face="times new roman">K.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">IPTV&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">On April 27, 2011, we and TelkomVision together obtained a license to operate IPTV services through MoCI Decree No.MCIT.160/KEP/M.KOMINFO/04/2011 regarding the Telkom and TelkomVision IPTV Service Consortium Agreement. We now provide IPTV services in five locations: Greater Jakarta, Bandung, Semarang, Surabaya and Bali, under the brand &#8220;Groovia TV&#8221;.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">L.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Construction Services Business License (&#8220;IUJK&#8221;)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">On June 6, 2012, the City Government of Bandung issued a construction services business license to us through IUJK No. 1-3273-858971-2-001772 for Telkom. The IUJK is valid for the execution of construction services throughout the domain of the Republic of Indonesia, comprising architecture, civil, mechanical and electrical works. The IUJK is valid until June 5, 2015.</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We set our telecommunications tariffs in accordance with government regulations. Under Law No.36/1999 and Government Regulation No.52/2000, tariffs for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">operating&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> telecommunications network and</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">/or </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">services are determined by providers based on the tariff </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">type</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, structure and with respect to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">price cap formula set by the Government.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT></B>&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 face="Times New Roman">A.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Fixed </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">l</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ine </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">t</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">elephone </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">t</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ariffs&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 &#8220;Procedure for Tariff </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Determination&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> for Basic Telephony Service which Connected through Fixed Line Network&#8221;. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">Under the Decree, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">tariff structure for basic telephony services which is connected through fixed line network consists of the following:</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">a</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">ctivation&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> fee</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">monthly subscription charges</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">usage charges</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">additional facilities fee.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">B.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Mobile </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">c</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ellular </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">t</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">elephone </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">t</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ariffs&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">On April 7, 2008, the MoCI issued Decree No.09/PER/M.KOMINFO/04/2008 </FONT><FONT style="LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(&#8220;MoCI Decree 09/2008&#8221;)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> regarding &#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.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Under </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">the Decree</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, the cellular tariffs of operating telecommunication services which connected through mobile cellular network </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">consist of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">basic telephony services tariff, roaming tariff and/or multimedia service tariff, with </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">the following</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> structure</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">:&nbsp;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">a</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">ctivation</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> fee</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">monthly subscription charges</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">usage charges</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">additional facilities fee.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT></B>&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 face="Times New Roman">C.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Interconnection </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">ta</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">riffs&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITRA, in its letter No.227/BRTI/XII/2010 dated December 31, 2010, decided to implement new interconnection tariffs effective from January 1, 2011 for cellular mobile network, satellite mobile network and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">fixed local network</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> and effective from July 1, 2011 for fixed wireless </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">local network</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> with a limited mobility. </FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Based on Director General of Post and Informatics Decree No.201/KEP/DJPPI/KOMINFO/7/2011 dated July 29, 2011</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, ITRA approved </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> revision of RIO regarding </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">the&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> interconnection tariff. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITRA, in its letter No.262/BRTI/XII/2011 dated December 12, 2011, decided to change the basis for interconnection SMS tariff from Sender Keep All (&#8220;SKA&#8221;) basis into cost basis (</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Non-SKA</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8221;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">) effective from June 1, 2012, for all telecommunication provider operators.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT></B>&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 face="Times New Roman">D.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Network </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">l</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ease </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">t</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ariffs&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Through the MoCI Decree No. 03/PER/M.KOMINFO/1/2007 dated January 26, 2007 concerning &#8220;Network Lease&#8221;, the Government regulated the form, type, tariff structure, and tariff formula for services of network lease. Pursuant to the MoCI Decree, the Government released Director General of Post and Telecommunication Decision Letter No. 115 of 2008 dated March 24, 2008 which stated &#8220;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&#8221;, in conformity with our proposal. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT></B>&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 face="Times New Roman">E.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Tariff for </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">o</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ther </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ervices&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The tariffs for satellite lease, telephony services and other 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 0.25in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">F.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">IME </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">t</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ariff</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In providing IME services, our New </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN face="Times New Roman">Economy&nbsp;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> Business, we work with a number of partners. These collaborations are based on considerations of capability,</FONT><I><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> </FONT></I><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">time&nbsp;</FONT><I><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> </FONT></I><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">to market and idea creation. Tariffs for our IME services are determined in agreement with these partners based on the scheme of cooperation between us and each respective partner.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Trademarks, Copyrights</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, Industrial Designs</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> and Patents</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We constantly develop product and service innovations in line with a dynamic business portfolio. To provide both protection for and recognition of the creativity involved, we have registered a number of intellectual property rights, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">including trademarks, copyrights, industrial design and patents, with the Directorate General of Intellectual Property Rights at the Ministry of Law and Human Rights of the Republic of Indonesia. </FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The intellectual property rights we have registered include: (i) trademarks for our products and services, corporate logo and name; (ii) copyrights on our corporate name and logo, product and service logos, computer programs, research and songs; and (iii) simple and ordinary patents on technological inventions in the form of telecommunications products, systems and methods. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">T</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">here were no new </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">trade</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">marks registered by us</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> in </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2012</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">.&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The following list the copyrights that we registered </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">in&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> 2012:</FONT></P>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle" align=center><B><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Innovation Title</FONT></B></P></TD>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Computer program &#8220;AGENCY (Advance Guideline tool for Engineering of Central frequency)&#8221;</FONT></P></TD>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Computer program &#8220;Advertising Management System (AMS) </FONT><FONT style="FONT-SIZE: 10pt"><FONT lang=IN face="Times New Roman">Application</FONT><FONT face="Times New Roman">&#8221;&nbsp;</FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">C00201004516</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">December 23, 2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">February 3, 2012</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">3</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="46%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Computer program &#8220;Flexi Games&#8221;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">C00201004515</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">December 23, 2010</FONT></P></TD>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">February 3, 2012</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="3%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">4</FONT></P></TD>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="46%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Computer program &#8220;Flexi Comic&#8221;</FONT></P></TD>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">C00201004517</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">December 23, 2010</FONT></P></TD>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">February 3, 2012</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">5</FONT></P></TD>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="46%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Computer program &#8220;Language Learning Application for The Deaf I-CHAT (I Can Hear And Talk)&#8221;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">C00201003117</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">August 24, 2010</FONT></P></TD>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">February 1, 2012</FONT></P></TD></TR></TABLE></DIV>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We applied for the following intellectual property rights in 2011 and 2012:</FONT></P>

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

<DIV align=left>

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



<TR style="HEIGHT: 2.15pt">

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><B><FONT style="FONT-SIZE: 10pt" face="Times New Roman">No.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><B><FONT 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="29%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><B><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Innovation Title</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><B><FONT 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><B><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Type of Intellectual</FONT></B></P><FONT style="FONT-SIZE: 10pt"></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><B><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Property Rights</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><B><FONT 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><B><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Application No.</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><B><FONT 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><B><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Application Date</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><B><FONT 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="16%">

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

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="3%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">1</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle"><I><FONT face="Times New Roman"></FONT></I>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="29%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><I><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Label Kartu Telepon Umum Wireless (tanpa kabel) </FONT></I><FONT style="FONT-SIZE: 10pt"><FONT face="Times New Roman">- </FONT></FONT><I><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Telkom Sobat</FONT></I></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle"><FONT face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Industrial design</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle"><FONT face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">A00200802007</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle"><FONT face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">July 8, 2008</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle"><FONT face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">September 21, 2011</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle"><FONT face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="29%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Flexi Market</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Copyrights</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">C00201103620</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">September 22, 2011</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">3</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Copyrights</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">C00201104855</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">December 20, 2011</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">4</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">City Info H! Bandung</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">C00201104854</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">December 20, 2011</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">5</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Location Based Social Networking</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">C00201104856</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">December 20, 2011</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">6</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in; VERTICAL-ALIGN: middle"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Equipment and Method for Emergency Broadband Access Network (&#8220;EBAN&#8221;)</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">Patents</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">P00201200068</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt; VERTICAL-ALIGN: middle" align=center><FONT style="FONT-SIZE: 10pt" face="Times New Roman">February 6, 2012</FONT></P></TD>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Network Development</FONT></B></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Fixed Line Network Development</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In 2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">we&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> continued to enhance </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> network infrastructure and develop our IDN</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our IDN plans represent our commitment to continue developing and improving the quality, efficiency and cost-structure of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> network infrastructure. In line with our transformation into a TIMES provider, we are focused on delivering</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">:&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> (i) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">high s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">peed </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">broadband access through a fiber optic network and through</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> WiFi (which we term &#8220;id-Access&#8221;), (ii) IP-based </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">optical backbone networks</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> (&#8220;id-Ring</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8221;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">) and (iii) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">an integrated NGN</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">the provision of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">multi</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">ple </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">services (&#8220;id-Con&#8221;).</FONT></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center>- 47 -</P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Description</FONT></B></P></TD></TR>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FI>Java-Sumatra-Kalimantan Project (</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&#8220;Jasuka&#8221;) &nbsp;</FONT></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>We continue to expand </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Jasuka submarine infrastructure backbone to support internal needs and demand for domestic and international internet services. During 2012, we installed a total additional capacity of seven Lambda (comprising 70 Gb) for Ring 3, which links Batam, Kalimantan, Sumatra and Jakarta.</FONT></P>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Mataram-Kupang Palapa Ring Project</FONT></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>In 2012, we expanded this project, which provides</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> network link between Mataram and Kupang through interconnections between the islands of Lombok, Sumbawa, Sumba, Flores and Timor by the completion of the Kupang-Atambua landline backbone cable, in December 2012.</FONT></P>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Development and Modernization </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">of Broadband Access through the TITO&nbsp; Scheme </FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>In </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2011, we commenced our broadband access development and modernization program through the application of the TITO method, pursuant to which our existing copper cables are replaced with more modern optical cables&nbsp; that are backed by active device technologies such as MSAN, GPON and FTTx. We&nbsp; work with PT INTI and PT LEN in implementing this TITO program. In 2012, we successfully migrated an additional 342,335 customers to fiber optic access to the TITO program.</FONT></P>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Broadband Access Development with MSAN</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> (Multi Service Access Node) Platform</FONT></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>As of</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> December 31, 2012, we had expanded our MSAN broadband network platform to have a capacity of 1,433,525 connections. At present, three MSAN platforms are in use to provide coverage throughout Indonesia. In 2012, 550,969 additional MSAN broadband access connections were completed.&nbsp;</FONT></P>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Fiber To The Home Development Project</FONT></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">We expanded our gigabyte passive optical network in 2012 with 102,465 Optical Network Terminals as part of the deployment of our </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">fiber to the home development project. In 2013, we plan to continue the expansion of our broadband access infrastructure, prioritizing the utilization of gigabyte passive optical network technology to expand the implementation of the fiber to the home network. </FONT></P>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">IMS (IP Multimedia Subsystem) Development </FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">IMS development </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">is part of our infrastructure transformation and is intended to modernize our service nodes by providing IP capability, convergence, and enabling new application-based services that will allow us to integrate new customers and migrate existing customers towards multi-services and multi-screen features. In 2012, four IMS nodes were&nbsp; built and operated commercially, serving 570,000 customers. In 2013, we plan to expand the commercialization of our IMS.</FONT></P>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">TSCS (Tarakan Sangata Cable System) and SBCS (Sumatra Bangka Cable System)</FONT></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">To increase network capacity and build highly reliable transport backbone, </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">we started the construction of the Sumatra-Bangka and Tarakan-Sangata submarine transport systems in 2011. The SBCS project was completed in 2012, while the TSCS project is planned for completion in March 2013.</FONT></P>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Regional DWDM</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> (Dense Wavelength Division Multiplexing) Project</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">To meet the substantial growing domestic</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> demand for internet service in the regional metro segment, we expanded the DWDM transport capacity at the regional metro level in Java by adding an additional 44 nodes in 2012. The regional DWDM project was completed in December 2012.</FONT></P>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Implementation of the Telkom Cache System</FONT></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>We </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">began the construction of the Telkom Cache System in 2012 in order to increase efficiency in the usage of our international internet bandwidth as well as to improve the quality of our internet service. We successfully installed the Telkom Cache System at ten locations throughout Indonesia in August 2012. Measurements conducted in August 2012 showed that the implementation of Telkom Cache System can potentially save up to 25% of bandwidth. We plan to expand the Telkom Cache System to 14 new locations during 2013.</FONT></P>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Sulawesi, Maluku, Papua Cable System Project</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>In 2012, we began the construction of the Sulawesi, Maluku, Papua Cable System Project in order t</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">o expand the scope of our fiber-optic-based submarine transport backbone in eastern Indonesia. This project is expected to provide a maximum capacity of 40 x 100 Gbps and an initial capacity of 1&nbsp;x 100 Gbps during the first phase. The Maluku-Sulawesi segment of the cable system, which is considered the first phase of this project, is expected to be completed in November 2013, with the entire project planned for completion in March 2014.</FONT></P>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Jakarta-Batam-Singapore Cable System Project</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>We continue<FONT style="FONT-SIZE: 10pt" face="Times New Roman">d</FONT> to improve</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> the capacity and reliability of our network for international broadband internet service through the development of Jakarta-Batam-Singapore cable system with capacities of 1 x 40 Gbps and 9 x 10 Gbps. The Jakarta-Batam segment was completed in December 2012, while the Batam-Singapore segment will be completed in February 2013.</FONT></P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">In an order to strengthen our TIME</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">S&nbsp;</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> services, </FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">we plan</FONT><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> to:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">1.</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.15pt; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Continue to improve </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">our&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> networks to realize </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">our vision to provide </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">the&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> digital home environment, </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">improve </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">enterprise broadband </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">services&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">and broadband</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> services everywhere in Indonesia.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">2.</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Continue to improve the capability of </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">the </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">full-IP data transport network through</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> the following programs</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">: </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">increasing domestic and international internet bandwidth, </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">expanding the</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> Terra IP backbone, </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">expanding&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> IP over </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">lambda&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> with 10</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">&nbsp; Gbps</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">, 40</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> Gbps</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> and eventually 100</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> Gbps </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">per lambda, facilitating convergence and realizing synergies among our Group&#8217;s networks, </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">continuing the development of</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> Metro Ethernet which </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">function&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> as </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">a </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">single metro transport </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">network </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">to provide IP and multi-play-based services, </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">continuing the development </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">of fiber to the home, as well as </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">continuing to replace our existing</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> copper cable</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">s with fiber optic cables through the trade-in/trade-out </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">mechanism.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">3.</FONT><FONT style="LETTER-SPACING: 0.1pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Implement </FONT><FONT style="LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN face="Times New Roman">smart core</FONT><FONT style="LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> through the converged IMS program based </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">platform, implement </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">an </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">integrated customer </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">profile </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">database, and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">implement a service delivery platform</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> as a service brokerage and orchestration.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">4.</FONT><FONT style="LETTER-SPACING: 0.1pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Expand broadband </FONT><FONT style="LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN face="Times New Roman">coverage&nbsp;</FONT><FONT style="LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">to </FONT><FONT style="LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN face="Times New Roman">enterprise&nbsp;</FONT><FONT style="LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> and </FONT><FONT style="LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=IN face="Times New Roman">residential&nbsp;</FONT><FONT style="LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> customers through a series of programs, including enterprise managed services, managed smart CPE, home automation, surveillance, and home interconnect.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">For more details of our other major commitments and agreements, see Note 37 to our Consolidated Financial Statements.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">B.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Fixed Wireless Network Development</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">we </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">optimized our existing BTSs and relocated BTSs from areas with low traffic to intercity area to increase utilization. As of December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our fixed wireless network</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> had 5,714 BTSs with a total capacity of 32.3 million Flexi connections.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> We continue to expand the coverage </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">of our Flexi mobile broadband service by implementing Evolution Data Optimization (&#8220;EVDO&#8221;) technology</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, adding a total of 1,157 EVDO BTS with a total capacity of 350,571 connections</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> as of December, 31, 2012. A number of other programs were also introduced to improve our operating cost efficiency</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, such as </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">upgrading to more efficient cooling systems for our BTSs.</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">C.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Cellular Network Development</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">GSM-based cellular services operated by our subsidiary, Telkomsel, now cover all cities and regencies in Indonesia. In 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, Telkomsel deployed an additional 11,674 BTS (including</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> 5,925</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> 3.5G nodes) and</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> 5,373 central tranceivers </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">and expanded its cellular network to reach all sub districts in Java, Bali, Nusa Tenggara, and Sumatra.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">D.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Data Network Development</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">In 201</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">2</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">, </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">we&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> continued to improve </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">the </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">quality </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">of our data network by increasing our </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">capacity and </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">network&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> coverage. During the year, </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">we&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> increased </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">our&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> MSAN-based broadband access to 893,896 homepass and fiber to the home-based broadband access to 95,709 homepass</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">. As of </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">December 31, 2012, </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">we&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> operated broadband access with a </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">total </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">capacity of 4,692,015 homepass with broadband access. </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">We also expanded </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">the capacity and coverage of </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">our </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">metro ethernet </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">and&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> expanded </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">the </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">coverage and capacity of IP Core through the implementation of 10 Gbps and 40 Gbps lambda</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> IP</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">-based&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> network services</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> and </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">the </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">implementation of </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">terra router</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">. In 2012, </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">we added an additional</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> three </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">terra router</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> nodes </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">bringing the total number of terra router</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> nodes </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">that&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> we operate to 22 as of December 31, 2012, providing nation-wide coverage in Indonesia.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; 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="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">As part of our IDN program, we </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">improved our IP Core network used which supports our TIMES businesses and integrated our NGN core network between with our fixed </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">wireline&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> and fixed wireless businesses. Our IP Core was developed through the implementation of a single platform </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">terra</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">-byte router with </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">fully redundant</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> network architecture. </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">As </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">of </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">December 31, </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">2012, </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">our IP core network </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">consisted of 40 core router nodes, 545 PE </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">(primary edge) </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">router nodes</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">, </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">560 10GB </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">E</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">thernet ports and 750 GB </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">E</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">thernet ports.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">We expanded our </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">metro ethernet network by setting up and upgrading 281 nodes. As of December 31, 2012, we operate a total of 1,005 metro ethernet nodes which makes us capable of providing bandwidth services throughout Indonesia. The metro ethernet network is also used as the main link </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">for&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> the IP DSLAM, MSAN for Speedy broadband service, softswitch, IP VPN and GPON broadband, whether for mobile backhaul, corporate business solutions or triple play services. By the end of 2012, we added 1,165 node B BTSs, making for a total of 4,317 nodes B BTSs.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2012, </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">we&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> had expanded </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">our internet </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">gateway capacity to an installed capacity of 106.4 Gbps with 103.8 Gbps utilization</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman"> in order </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">to ensure adequate internet gateway capacity in anticipation of the expected rapid growth in fixed and mobile broadband traffic. In 2012, </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">we&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> also cooperated with Akamai, Google and Yahoo to operate a </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">content distribution network</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> with a capacity of 201 Gbps</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman"> with</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> 75 Gbps utilization.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Corporate Strategy</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In 2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">we continue</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">d to adapt to the dynamics of the industry by updating our corporate strategic initiatives with a focus on implementing the TIMES business framework and strengthening our internal consolidation. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">We believe that these</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> strategic initiatives support the comprehensive transformation of our organization, business portfolio, infrastructure, systems, and corporate culture that we </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">believe is necessary</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> to realize our vision of becoming a leading TIMES company in the region.</FONT></P>

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

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Besides providing a new growth stream, we believe</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> that </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">our IME</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">S&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> business also help to promote the sustainable growth of our traditional telecommunications business.</FONT></P>

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

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Moreover, we </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">seek&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> to promote synergies </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">among&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> our telecommunications services and have taken inorganic growth opportunities by expanding into overseas markets such as Singapore (international carrier services), Malaysia (a contact center), Hong Kong (mobile virtual network operator) and Timor Leste (cellular).</FONT></P>

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

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our strategies to achieve our objectives in 2012 consisted of</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> the following</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">:&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 face="Times New Roman">a.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Achieve sustainable competitive growth</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 face="Times New Roman">b.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Transform and empower:</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Transform the legacy business and culture</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Empower business units to drive growth</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 face="Times New Roman">c.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Unlock portfolio value:</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Strengthen our core businesses</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Invest in New Economy Business and, international and strategic opportunities</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 face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We plan to achieve these three broad strategies through the following 10 strategic initiatives: </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT size=2></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">1.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Center of Excellence</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In order to improve our business performance and implement a new corporate culture we have established the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Telkom Corporate University</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8221;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, which aims to educate our employees in order to meet international standards in the TIMES industry.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT><FONT><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT></FONT>&nbsp;</P></DIV>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 5pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Aligning our business structure and portfolio management</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">To optimize the management of our TIMES business portfolio, we have established guidelines in order to better manage the business interaction between us as parent company and our business units and subsidiaries. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 5pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">3.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Facilitating broadband implementation through service convergence </FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">This strategic initiative aims to establish broadband as a middleware in the digital economy era by functioning as a complement for all industry segments, ultimately leading to the positioning of broadband as the fourth utility after water, electricity and fuel oil. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 5pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">4.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Management of wireless portfolio</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A strategic initiative to optimize the value of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> wireless portfolio as the preferred provider of mobile lifestyle services in the region.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 5pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">5.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Integrating our Group&#8217;s Ecosystem Solutions</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">This strategic initiative aims at providing solutions to meet the needs of customers as an ecosystem, with the objective of creating a lock-in system and customer experience management by optimizing internal and external resources with the support of an integrated customer relationship management system.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 5pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">6.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Investing in information technology services</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Investing in information technology ("IT") services is a strategic initiative to enter the IT industry and enhance our ability to provide solutions and improve the performance of other industry segments. This strategic initiative also aims at reducing the capability gap as a provider of information and communication technology solutions to the consumer, enterprise and SME customers. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 5pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">7.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Investing in media and edutainment business</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As part of the convergence of TIMES businesses, we have a strategic initiative to invest in media and edutainment business, and assume the role of a content aggregator and delivery point. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">8.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Investing in the wholesale business and strategic international business opportunities</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">This strategic initiative aims at maximizing our value as the preferred provider of world-class wholesale telecommunication services. This strategy also helps in consolidating our position in the international markets as well as in overseas business expansion with due consideration to investment attractiveness and risks. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 5pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">9.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Maximizing asset value in inter-related businesses</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">This initiative is directed towards optimizing the non-productive assets within our Group through cooperation with third parties.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 5pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">10.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Integrating our NGN and OBCE initiatives to achieve costs improvements </FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">This strategic initiative represents the transformation of our infrastructure in order to improve efficiency and capability. This initiative is also intended to support the Master Plan for the Acceleration and Expansion of Indonesia's Economic Development as well as to benefit from new business opportunities to deliver multi-play and multi-screen services to customers. It also reflects the transformation of IT into an enabler for implementation of Consolidated Data, Consolidated Billing and Integrated CRM in our Group. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in"><FONT style="FONT-SIZE: 5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Inorganic growth is part of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> broad strategy of achieving &#8220;sustainable competitive growth&#8221;. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> inorganic growth strategy </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">comprises&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> a number of factors, including:</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The need to maintain overall growth to compensate the stagnation/decline of our legacy business.</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The need to mitigate risks (e.g. capital and competency risks) as well as to secure rapid synergy formation and value creation.</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Acquisition and alliances of New Economy Business for new revenue generator.</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">International business expansion to increase scale and benefits, and to monetize our domestic and international assets.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In 2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">we&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> focused on new economy acquisitions and alliances that offer high revenue growth rates and increased valuation involving our IMES portfolio. Our IMES portfolio also serves as a revenue driver for our telecommunication business portfolio (the &#8220;T</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8221; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">in &#8220;TIMES</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8221;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">). </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">We</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> undertook a selective process in connection with acquisitions and alliances </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">after </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">considering of the following factors:</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The creation of optimum synergic value with our existing businesses;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The potential to increase </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> revenues, EBITDA margin and valuation; and</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Income contribution of the prospective entity.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in"><FONT style="FONT-SIZE: 5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We engaged in a number of corporate actions throughout 2012 with respect to inorganic business development, including:</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Acquisition of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">a </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">data center in Sentul to support our Telkom Cloud business;</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Establishment of a company by TelkomMetra with Pelindo II to provide logistical IT solutions for&nbsp;seaports;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">E-health initiatives in support of an integrated healthcare services;</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Development of Mitratel; and</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Organization transformation in support of the development of broadband services.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face="Times New Roman">C. &nbsp;&nbsp; ORGANIZATIONAL STRUCTURE</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Information on Subsidiaries and Associated Companies</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">We have experienced continuous organic and inorganic growth. Organic growth is achieved through expansion of our existing operations and creating synergies between our subsidiaries. Inorganic growth is accomplished through acquisition of companies that we deemed were capable to add strategic value to our entire Group and contributing to the long-term revenue growth and sustainability of business.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">The following table illustrates our corporate structure as of December 31, 2012, including our direct and indirect equity ownership in our subsidiaries.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">A complete list of our subsidiaries and investments in associated companies, and our ownership percentage of each entity, as of December 31, 2012, is set forth below and is contained in Note</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">s 1d and 10</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> to our Consolidated Financial Statements included elsewhere in this report.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Direct Subsidiaries</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=EN-US color=windowtext face="times new roman"></FONT></B>&nbsp;</P>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">Companies</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal" 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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">Percentage of Ownership Interest</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal" color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">Nature of Business</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal" color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">Operational Status</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal" color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">Description</FONT></B></P></TD></TR>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">PT Telekomunikasi Selular (&#8220;Telkomsel&#8221;)</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">65%</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="times new roman">Telecommunication</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">Operational</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10pt" color=windowtext face="times new roman">Telkomsel, established on May 26, 1995, provides telecommunication facilities and mobile cellular services.</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">PT Multimedia Nusantara (&#8220;Metra&#8221; or &#8220;TelkomMetra&#8221;)</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="times new roman">100%</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" color=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="MARGIN: 0in 0in 0pt"><FONT face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="times new roman">Multimedia and line telecommunication services</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">Operational</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=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="26%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">TelkomMetra, acquired on May 9, 2003, is our NEB holding company. TelkomMetra focuses on network construction, development, maintenance and services, and multimedia services (data communications systems, portal and on-line transaction services).</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">PT Telekomunikasi Indonesia International (&#8220;TII&#8221; or &#8220;Telin&#8221;)</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT face="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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT face="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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="times new roman">Telecommunication</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext face="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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">Operational</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">Telin provides fixed line telephone services (KSO-III West Java &amp; Banten) and international telecommunications. Acquired on July 31, 2003. Telin is responsible for managing our overseas business.</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" face="times new roman">PT Pramindo Ikat Nusantara (&#8220;Pramindo&#8221; or &#8220;PINs&#8221;)</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; 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="MARGIN: 0in 0in 0pt"><FONT 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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="times new roman">Telecommunication construction and services</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">Operational</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=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="26%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">PINs was originally established to operate our KSO in Sumatra. It was acquired on August 15, 2002.</FONT></P>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">PT Dayamitra Telekomunikasi (&#8220;Dayamitra&#8221; or &#8220;Mitratel&#8221;)</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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><FONT style="LINE-HEIGHT: normal; 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="MARGIN: 0in 0in 0pt"><FONT face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="times new roman">Telecommunication</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext face="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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">Operational</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext face="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="26%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">Mitratel provides fixed line telephone services, supply of telecommunications facilities and infrastructure and telecommunications services. Acquired on May 17, 2001, Mitratel transformed itself by entering the telecommunications infrastructure supply business, which includes supplying telecommunications towers to meet the BTS installment needs of telecommunications operators all over Indonesia.</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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="34%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">PT Indonusa Telemedia (&#8220;Indonusa&#8221; or &#8220;TelkomVision&#8221;)</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">100% (including through 0.46% ownership by TelkomMetra)</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT 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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="times new roman">Pay television and content services</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">Operational</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=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="26%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">Established on May 7, 1997, TelkomVision is a multimedia (pay-TV, internet service) service provider. Since 2007, TelkomVision was the first Pay TV operator in Indonesia to launch DTH Prepaid (Prepaid Satellite Pay-TV), under the &#8220;TelkomVision&#8221; brand. </FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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="34%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">PT Graha Sarana Duta (&#8220;GSD&#8221; or &#8220;TelkomProperty&#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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext face="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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; 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; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT face="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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="times new roman">Leasing of offices and providing building management and maintenance services, civil consultant and developer</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT size=2></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext face="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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">Operational</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext face="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="26%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">Acquired on April 25, 2001, TelkomProperty operates throughout Indonesia and manages buildings owned by us and third parties.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">PT Napsindo Primatel Internasional (&#8220;Napsindo&#8221;)</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">60%</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT 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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="times new roman">Telecommunication</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">Ceased operation</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10pt" color=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="26%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10pt" color=windowtext face="times new roman">Napsindo provided Network Access Point (&#8220;NAP&#8221;), Voice Over Data (&#8220;VOD&#8221;) and other related services. Established on December 29, 1998, Napsindo ceased operation as at January 13, 2006.</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 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="34%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">PT Telkom Akses (&#8220;Telkom Akses&#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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext face="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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; 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="MARGIN: 0in 0in 0pt"><FONT face="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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" face="times new roman">Construction services and trade in the field of telecommunication</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext face="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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=windowtext face="times new roman">Dormant</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10pt" color=windowtext face="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="26%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10pt; FONT-SIZE: 10pt" color=windowtext face="times new roman">Telkom Akses was established on November 26, 2012.</FONT></P></TD></TR></TABLE></DIV>

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

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: normal; 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="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Indirect Subsidiaries</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal" color=windowtext></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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Percentage of 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="LINE-HEIGHT: normal" color=windowtext></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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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="LINE-HEIGHT: normal" color=windowtext></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="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Operational Status</FONT></B></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="LINE-HEIGHT: normal" color=windowtext></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="26%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Description</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="34%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Infomedia Nusantara (</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8220;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>Infomedia</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8221;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>)&nbsp;</FONT></FONT></P></TD>

   <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="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>51%&nbsp; ownership by TelkomMetra and&nbsp;49% ownership by 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; MARGIN: 0in 0in 0pt" align=center>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt">Data and information service &#8211; provides telecommunication information services and other information services in the form of print and electronic media and call center services</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT size=2></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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Operational</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="26%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Infomedia was acquired on </FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>September 22, 1999 to operate KSO in Sumatra. Infomedia has transformed its business from the original three pillars (directory services, contact center services and content services) to Business Process Outsourcing and Digital Media and Rich Content services.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Sigma Cipta Caraka (</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8220;</FONT><FONT style="LINE-HEIGHT: normal" lang=IN color=windowtext>Sigma</FONT><FONT style="LINE-HEIGHT: normal" lang=IN color=windowtext>&#8221;&nbsp;</FONT><FONT style="LINE-HEIGHT: normal" lang=IN color=windowtext> or </FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8220;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>telkomsigma</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8221;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>)&nbsp;</FONT></FONT></P></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="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100% ownership by TelkomMetra</FONT></P></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>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt">Information technology service &#8211; system implementation and integration service, outsourcing and software license maintenance</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT size=2></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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Operational</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="26%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telkomsigma was established on May 1, 1987 and provides IT solution services. </FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telekomunikasi Indonesia International Pte. Ltd. (</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8220;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>Telin Singapore</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8221;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>)&nbsp;</FONT></FONT></P></TD>

   <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>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt">100% ownership by Telin</FONT></P></TD>

   <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>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt">Telecommunication</FONT></P></TD>

   <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="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Operational</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="26%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telin Singapore was established on December 6, 2007, pursuant to the laws of Singapore. Its range of telecommunication services includes but is not limited to internet-based voice and data services, managed data services, call back/call re-origination, prepaid calling card services and the resale of leased circuit services.</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">PT Metra Plasa (&#8220;Metra Plasa&#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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>60% ownership by TelkomMetra</FONT></P></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>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt">Website development 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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Operational</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="26%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>TelkomMetra established Metra Plasa with eBay International AG on April 9, 2012.</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></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="34%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Administrasi Medika (</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8220;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>Ad Medika</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8221;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>)&nbsp;</FONT></FONT></P></TD>

   <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="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>75% ownership by TelkomMetra</FONT></P></TD>

   <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>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt">Health insurance and administration 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="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Operational</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="26%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Ad Medika, established on February 25, 2010, handles online claims between hospitals and health insurance providers.</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Finnet Indonesia (</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8220;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>Finnet</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8221;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>)&nbsp;</FONT></FONT></P></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="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>60% ownership by TelkomMetra</FONT></P></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>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt">Banking data and communication</FONT></P></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="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Operational</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="26%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Finnet was established on October 31, 2005, as a provider of IT infrastructure, applications and content for information systems and financial transactions for the banking and financial services industry.</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></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="34%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">PT Telkom Landmark Tower (&#8220;TLT&#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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>55% ownership by TelkomProperty</FONT></P></TD>

   <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>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt">Service for property, development and management</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT size=2></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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Operational</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="26%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>TelkomProperty established TLT with Yayasan Kesehatan (Yakes) Telkom on February 1, 2012.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telekomunikasi Indonesia International Ltd. </FONT></P>

   <P style="TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT color=windowtext>&#8220;</FONT><FONT color=windowtext>Telin Hong Kong</FONT><FONT color=windowtext>&#8221;</FONT><FONT color=windowtext>)&nbsp;</FONT></FONT></P></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="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100% ownership by Telin</FONT></P></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>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt">Telecommunication</FONT></P></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="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Operational</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="26%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telin Hong Kong was established in Hong Kong on December 8, 2010 and has obtained Unified Carrier License on March 1, 2011 for providing public telecommunications network service, establishing and maintaining telecommunications network, and possessing and using the radio communications installation to provide services.</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></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="34%">

   <P style="TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Metranet (</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8220;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>Metra-Net</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8221;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>)&nbsp;&nbsp;</FONT></FONT></P></TD>

   <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="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100% ownership by TelkomMetra</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT size=2></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: center; MARGIN: 0in 0in 0pt" align=center>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt">Multimedia portal service</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center>&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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Operational</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="26%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Metra-Net was established on April 17, 2009.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telkomsel Finance B.V. (</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8220;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>TFBV</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8221;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>)&nbsp;</FONT></FONT></P></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="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100% ownership by 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>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt">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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Operational</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="26%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>TFBV was established in Amsterdam<FONT style="FONT-SIZE: 10pt" face="Times New Roman">,</FONT> the Netherlands on February 7, 2005, for the purpose of borrowing, lending and raising funds, including the issuance of bonds, promissory notes and other securities or documentary debt instruments.</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></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="34%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Aria West International Finance B.V. (&#8220;AWI BV&#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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100% ownership by Telin</FONT></P></TD>

   <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>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt">Trade and finance 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" align=center><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Ceased operation</FONT></P></TD>

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

   <P style="TEXT-INDENT: -0.15pt; MARGIN: 0in"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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-INDENT: -0.15pt; MARGIN: 0in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>AWI BV was established on June 3, 1996 and ceased operation on July 31, 2003.</FONT></P>

   <P style="TEXT-INDENT: -0.15pt; MARGIN: 0in"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telekomunikasi Selular Finance Limited (</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8220;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>TSFL</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8221;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>)&nbsp;</FONT></FONT></P></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="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100% ownership by 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>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt">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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Operational</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="26%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>TSFL was established on April 22, 2002 to raise funds for the development of Telkomsel</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8217;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>s business through the issuance of debenture stock, bonds, mortgages or any other securities.</FONT></FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></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="34%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telekomunikasi Indonesia International (TL) S.A</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: normal" lang=IN color=windowtext>. </FONT></FONT></P>

   <P style="TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT color=windowtext>(</FONT><FONT color=windowtext>&#8220;</FONT><FONT color=windowtext>Telin Timor Leste</FONT><FONT color=windowtext>&#8221;</FONT><FONT color=windowtext>)&nbsp;</FONT></FONT></P></TD>

   <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="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100% ownership by Telin</FONT></P></TD>

   <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>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt">Telecommunication</FONT></P></TD>

   <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="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Operational</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="26%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telin Timor Leste was established on September 11, 2012 to provide telecommunications services in Timor Leste. Telkomcel, its trademark of cellular services, was established on September 17, 2012 to provide mobile telecommunications services that extends across Timor Leste and broadband Internet with 3G on 850 Mhz frequency.</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Graha Yasa Selaras (</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8220;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>GYS</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8221;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>)&nbsp;</FONT></FONT></P></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="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>51% ownership by TelkomProperty</FONT></P></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>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt">Tourism service</FONT></P></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="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Dormant</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="26%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>TelkomProperty established GYS with Yakes Telkom on April 27, 2012 to focus on hospitality services.</FONT></P>

   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center">- 52 -</P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Associated Companies</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"></FONT></B>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="28%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Companies</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Percentage of Ownership Interest</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Nature of Business</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Operational Status</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="27%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Description</FONT></B></P></TD></TR>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Scicom (&#8220;MSC&#8221;) Bhd (&#8220;Scicom&#8221;) </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>29.71% ownership by Telin</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Call center service</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Operational</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Established in 1997, Scicom is a contact centre provider based in Malaysia.</FONT></P>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">PT Integrasi Logistik Cipta Solusi (&#8220;ILCS&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>49% ownership by TelkomMetra</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">e-trade logistic services and other related services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Operational</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>TelkomMetra established ILCS with Pelindo II on September 21, 2012 to provide logistical IT solutions for seaports.</FONT></P>

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Patra Telekomunikasi Indonesia (</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8220;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>Patrakom</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8221;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>)&nbsp;</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">40%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Satellite communication system services, related services and facilities to companies in the petroleum industry</FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Operational</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Patrakom was established on September 28, 1995.</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Citra Sari Makmur (</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8220;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>CSM</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8221;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>)&nbsp;</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>25%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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: center; MARGIN: 0in 0in 0pt" align=center>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Operational</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>CSM was established on February 14, 1986. </FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Pasifik Satelit Nusantara (</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8220;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>PSN</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8221;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>)&nbsp;</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>22.38%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Satellite transponder leasing and satellite-based communication services in the Asia Pacific region</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="LINE-HEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Operational</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Established on July 2, 1991, PSN held its initial public offering of its ordinary shares in June 1996, listing them on the National Association of Securities Dealers Automated Quotations (</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8220;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>NASDAQ</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>&#8221;</FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>), but was delisted on November 6, 2001 in connection with its failure to meet certain NASDAQ National Market Listing conditions.</FONT></FONT></P></TD></TR>

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   <P><STRONG><FONT style="FONT-FAMILY: times new roman"><FONT style="FONT-SIZE: 9pt"><FONT style="COLOR: #000000"><FONT style="FONT-SIZE: 10pt">Joint Venture Companies</FONT></FONT></FONT></FONT></STRONG></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Description</FONT></B></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>PT Melon <FONT style="COLOR: #000000">Indonesia (</FONT></FONT><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: normal">&#8220;</FONT><FONT style="LINE-HEIGHT: normal">Melon</FONT><FONT style="LINE-HEIGHT: normal">&#8221;</FONT><FONT style="LINE-HEIGHT: normal">)&nbsp;</FONT></FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" color=#ffffff></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>51% ownership by TelkomMetra</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">Digital Content Exchange Hub services (&#8220;DCEH&#8221;)</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Melon is a joint venture company between TelkomMetra and South Korea Telecom. Melon was established on August 16, 2010. This company, which grew out of our expansion into the Media &amp; Edutainment business, provides digital music and related content services for cell phones, personal computers, consumer electronic channels and other digital media.</FONT></P></TD></TR></TABLE><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT></DIV>

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<P style="TEXT-ALIGN: center">- 53 -</P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P>

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<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Telkom&#8217;s Subsidiaries Chart</FONT></B></P>

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<IMG id=Picture1 border=0 alt="Stuktur Klompok Usaha Telkom (Eng)" src="x13032512514300.jpg" width=688 height=758>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Information on Our Organizational Structure</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">We have</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> established a grand strategy towards sustainable competitive growth, involving the following objectives:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=IN color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Organic growth to be achieved through the strengthening of our core businesses by focusing on a strategy of customer segmentation, namely consumer, enterprise, wholesale and international services segments, further supported by the installation of 10 million plain old telephone services and 5 million Speedy lines.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=IN color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Inorganic growth to be achieved through a strategy of related diversification involving new business development, management of strategic portfolio, and building synergy between us and </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">our&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> subsidiaries</FONT><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"></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"></FONT></P><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>

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<P style="TEXT-ALIGN: center">- 54 -</P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">We believe that the</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> effective implementation of the above strategies </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">will require</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> the following:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">1.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">A Director that focuses on the wholesale and international segment.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">2.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">A Director that focuses on business portfolio development.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">3.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">A mechanism or parenting model that will promote synergy between us, as parent company, and our subsidiaries as well as among our subsidiaries.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Accordingly, </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">we&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> initiated a number of changes </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">in 2012 </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">involving the division of duties and authority </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">of&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> the Board of Directors, as follow</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">s</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">:&nbsp;</FONT></P>

<P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">1.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Transfer of duties and authority over the wholesale and international business segment, </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">which was</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> formerly under the Director of Enterprise and Wholesale (&#8220;EWS&#8221;) to the Director of Compliance and Risk Management (&#8220;CRM&#8221;). This allows the Director of EWS to focus more </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">on&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> developing the enterprise business segment.</FONT></P>

<P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">2.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Expanding the duties and authority of the Director of CRM to handle the wholesale and international business segment, in addition to the duties and authority as Director of CRM.</FONT></P>

<P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">3.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Realignment of the duties and authority of the Director of IT Solution &amp; Strategic Portfolio (&#8220;ITSSP&#8221;) to focus more on business portfolio innovation and development, by&nbsp;&nbsp; transferring some of the activities of the ITSSP Directorate, especially those related to management of IT and tariff, to be managed under the Network and Solution (&#8220;NWS&#8221;)&nbsp;&nbsp;&nbsp;&nbsp; Directorate.</FONT></P>

<P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">4.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Expanding the duties and authority of the Director of NWS to handle the management and utilization of IT as well as service operation &amp; management, to provide better support for&nbsp; established businesses.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">In addition, </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">we&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> established an </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">executive board</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> to promote </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">synergies&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> within our Group. Comprising four President Director</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">s&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> of </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">our&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> subsidiaries, the </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">executive board</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> serves </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">in </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">an advisory role related to strategy formulation, planning, policy making and performance monitoring</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"> for our</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> cellular business, international business, IME business, and tower business.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; 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="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Telkom&#8217;s Organizational Structure</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; 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"><FONT style="Z-INDEX: 1; POSITION: relative; WIDTH: 718px; HEIGHT: 462px; TOP: 0px; LEFT: -6px">
<IMG alt="STRUKTUR ORGANISASI eng" src="x13032512514301.jpg" width=718 height=462></FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US color=black face=Times-Roman><BR clear=all></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt" align=center>- 55 -</P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Directorate</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Function and Authority</FONT></B></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Network &amp; Solution Directorate</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Focuses on managing the Infrastructure Strategy &amp; Governance, IT Strategy &amp; Governance, and Solutions, as well as the management of IT utilization and service operations &amp; management in order to support the development of established businesses, and also controlling infrastructure through the Telecommunication Infrastructure Division, Access Division, Maintenance Service Center, Information System Center, Wireless Broadband Division and Broadband Division.</FONT></P>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>IT Solution &amp; Strategic Portfolio Directorate</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Focuses on managing the functions of Corporate Strategic Planning, Strategic Business Development, Innovation Strategy &amp; Synergy, as well as controlling the Solution Convergence Division and Innovation &amp; Design Center.</FONT></P>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Consumer Directorate</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Focuses on managing the consumer business segment and the operational management of the Western Consumer Services Division and Eastern Consumer Services Division.</FONT></P>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Enterprise &amp; Wholesale </FONT><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Directorate&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Focuses on managing the enterprise &amp; wholesale business segment as well as managing the Enterprise Services Division and Business Services Division.</FONT></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" color=windowtext>Compliance &amp; Risk Management </FONT><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" color=#454649>Directorate&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Focuses on managing the Risk Management, Legal and Compliance, Business Effectiveness and Security &amp; Safety, and in addition, managing the wholesale and international business segment as well as controlling the Wholesale Services Division. </FONT></P>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Human Capital &amp; General Affairs Directorate</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Focuses on the managing our human resources as well as the operational management of human resources centrally through the Human Capital Center unit, as well as controlling the Corporate University, HR Assessment Center, Management Consulting Center, Community Development Center, and Supply Center operational units.</FONT></P>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Finance Directorate</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" lang=IN color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Focuses on </FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: normal" color=windowtext>our&nbsp;</FONT><FONT style="LINE-HEIGHT: normal" lang=IN color=windowtext> financial management, managing financial operations centrally through the Finance, Billing &amp; Collection Center </FONT><FONT style="LINE-HEIGHT: normal" color=windowtext>u</FONT><FONT style="LINE-HEIGHT: normal" lang=IN color=windowtext>nit.&nbsp;</FONT></FONT></P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">D. &nbsp;&nbsp; PROPERTY, PLANT AND EQUIPMENT</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our property and equipment is used for telecommunication operations, which mainly consist of transmission installation and equipment, cable network and switching equipment. A description of these is contained elsewhere in Note 11 to our Consolidated Financial Statements.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Except for ownership rights granted to individuals in Indonesia, reversionary rights to land rests with the Republic of Indonesia, pursuant to Agrarian Law No.5/1960. Land title is designated through land rights, including Right to Build (</FONT><I><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Hak Guna Bangunan </FONT></I><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">or HGB) and Right of Use (</FONT><I><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Hak Guna Usaha </FONT></I><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">or HGU). Land title holders enjoy full use of the land for a specified period, subject to renewal and extensions. In most instances, land rights are freely tradable and may be pledged as security under loan agreements.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 8pt" lang=EN-US color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">We</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> own several pieces of land located throughout Indonesia with </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">right to build </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">and use for a period of 20-45 years, which will expire between 2012 and 2052. </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">We believe</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> 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="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 8pt" lang=EN-US color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">As of December 31, 2012, we, including our subsidiaries, had land use rights to 2,913 properties. We hold registered rights to build </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">and use </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">for most of our properties. Pursuant to Government Regulation No.40/1996, the maximum initial period for the right to build is 30 years, renewable for an additional 20 years. We are not aware of any environmental issues that could affect the utilization of our propert</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">y and equipment</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">. All assets owned by </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">our </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">Company and certain subsidiaries have been pledged as collateral for bonds and Medium Term Notes. Certain property and equipment of </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">our&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman"> subsidiaries with gross carrying value amounting to Rp2,841 billion as of December 31, 2012 have been pledged as collateral for lending agreements.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> See Notes 17 and 18 of our Consolidated Financial Statements.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Insurance</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our property and equipment, excluding land, are insured against risks arising from earthquake, tsunami, eruption, fire, theft, lightning, acts of God and other risks. Our assets are covered under Property All Risk Insurance Policies on a sum insured basis and a first loss basis scheme. Our insurance policies also include coverage against temporary interruptions of our </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">business. Our T</FONT><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=IN face="Times New Roman">elkom</FONT><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-1 and T</FONT><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=IN face="Times New Roman">elkom</FONT><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-2 satellites are insured separately. Our management believes that our insurance coverage is adequate to cover potential losses from the insured risks.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">On August 7, 2012, Telkom-3 satellite was launched, but failed to reach a usable orbit. Our Telkom-3 satellite was insured with coverage adequate to cover losses derived from these events. On November 2012, we received our insurance claim from PT Asuransi Jasindo for the launch failure of the Telkom-3 satellite launched in </FONT><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=IN face="Times New Roman">Baikonur,&nbsp;</FONT><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> Kazakhstan which amounted to US$185.3 million.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITEM 4A. <A name="USC"></A>UNRESOLVED STAFF COMMENTS</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Not applicable. </FONT></P>

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<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITEM 5. <A name="OFRAP"></A>OPERATING AND FINANCIAL REVIEW AND PROSPECTS</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The following discussion and analysis should be read in conjunction with our Consolidated Financial Statements for the years ended December 31, 2010, 2011 and 2012 included elsewhere in this Form 20-F. These Consolidated Financial Statements were prepared in accordance with IFRS as issued by the IASB. </FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">OPERATING RESULTS</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We are the principal provider of local, domestic and international telecommunications services in Indonesia, as well as the leading provider of mobile cellular services through our majority-owned subsidiary, Telkomsel. Our objective is to become a leading TIMES player in the region through the provision of a wide range of communication services. As of December 31, 2012, we had approximately 171.1 million subscribers in service, comprising 125.1 million cellular subscribers through Telkomsel, 8.9 million subscribers on our fixed wireline network, 17.9 million subscribers on our fixed wireless network and 19.1 million broadband subscribers. We also provide a wide range of other communication services, including telephone network interconnection services, multimedia, data and internet communication-related services, satellite transponder leasing, leased line, intelligent network and related services, cable television and VoIP services. We intend to continue to cope with market and industry challenges that may arise from time to time by leveraging our customer base, network quality, brand name and strategic execution capabilities.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">The Indonesian economy provides a favorable environment for our continued business development. This is reflected in terms of average GDP growth of 5.92%, average inflation of 4.94% and stable average exchange rate between Rp8,773 to Rp10,356 from 2008 to 2012. Though the exposure of our Company and our subsidiaries to foreign exchange rates are not material, we are exposed to foreign exchange risk on sales, purchases and borrowings that are primarily denominated in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">U</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">S&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> Dollar</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">s and</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> Japanese Yen</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>See Item 11 &#8220;Quantitative and Qualitative Disclosure about Market Risk &#8211; Exchange Rate Risk&#8221;.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our revenues for the two-year period from 2011 through 2012 reflected growth in revenues. This growth was largely driven by increases in revenues from&nbsp;data,&nbsp;internet&nbsp;and information technology services, which increased by 15.5% driven largely by increased mobile phone data usage and mobile broadband subscriptions, and cellular revenues which increased by 7.5%. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>Our operating results from 2011 to 2012 also reflected an increase in expenses. This increase was mainly driven by operation, maintenance and telecommunication services expenses and personnel expenses, which increased primarily as a result of an increase in our network capacities to better serve our customers.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Principal Factors Affecting our Financial Condition and Results of Operations</FONT></B></P>

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<P style="MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Increase in Cellular Telephone Revenues with Increase in Subscribers and Declining ARPU</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Our cellular telephone revenues increased by 7.5% from 2011 to 2012 due to an increase in the number of our cellular subscribers by 16.9% in 2012. Telkomsel's revenues from cellular phone services (usage charges, monthly subscription charges and features) accounted for 40.1% of our consolidated revenues for the year ended December 31, 2011, compared to 39.8% for the year ended December 31, 2012.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">We believe the shape of competition began to shift as a result of the rise in Indonesia's purchasing power which has led to an increase in smart phones purchases, which in turn has increased the demand for data services. This phenomenon is reflected in our declining monthly ARPU from approximately Rp39,000 in 2011 to approximately Rp37,000 in 2012. This decline was offset by increased revenue from data, internet and information technology services.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">We believe that the competition has become more rational in Indonesia, however, we still consider it as a major risk to our businesses.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times> See Item 3 &#8220;Key Information &#8211; Risk Factors &#8211; Risks Related to Our Business &#8211; Competition Risks Related to Our Cellular Business (Telkomsel)&#8221;.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Increase in Data, Internet and Information Technology Services Revenues</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Data, internet and information technology services revenues accounted for 33.6% of our consolidated revenues for the year ended December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>2011</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">, compared to 35.9% for the year ended December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">. Revenues from our data, internet and information technology services increased by 15.5% from </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>2011&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">to </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">. The increase in data, internet and information technology services revenues in </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>2012&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> was primarily due to a 40.9% increase in revenues from internet, data communication and information technology services, largely driven by increase</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>d mobile phone data usage and mobile broadband subscribers</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">. As part of our transformation into a TIMES provider, and our corporate objective of growing our new wave businesses, we seek to continue to increase such revenues.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Decrease in Fixed Lines Telephone Revenues</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Our fixed lines telephone revenues decreased by 8.2% from Rp11,619 billion in </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>2011</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> to Rp10,662 billion in </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>2012&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> as a result of an 8.2% decrease in fixed wireline revenues and an 8.7% decrease in fixed wireless revenues, partly offset by an increase in other revenues. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>We believe that fixed lines telephone revenues have been declining due to the increased usage and declining tariffs of mobile cellular services and increased penetration of cellular subscribers in Indonesia. Although we expect that fixed lines telephone will continue to contribute to our revenues in the upcoming term, we also expect that the trend of declining fixed lines telephone revenues will continue.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>Cellular and fixed wireless services provide increased convenience, and in certain cases where subscribers call other subscribers using the same provider&#8217;s network, tariffs can be lower than fixed wireline calls that are made to subscribers of another provider. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As part of our corporate strategy, we are seeking to optimize our fixed lines telephone business through various means, including increasing cost competitiveness and increasing value added services for fixed lines telephone services. We also seek to increase our fixed wireline penetration rate more quickly by reducing our capital expenditure per line through the use of fixed wireless technology and by upgrading our fixed wireline access network and legacy infrastructure to NGN infrastructure with broadband capability. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We improved performance in our fixed wireline telephone by adding a loyalty points program called &#8220;</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Telkom Poin Rejeki Tumpah</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&#8221; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">and implementing our fixed business improvement program, while in fixed wireless we made available wireless infrastructure with EVDO service. Our efforts resulted in an increase in fixed wireline subscribers in 2012 of 4.0% to 8.9 million and an increase in fixed wireless subscribers in 2012 by 25.5% to 17.9 million subscribers.</FONT></P>

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<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">TELKOM'S CONSOLIDATED COMPREHENSIVE INCOME</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The following table sets out our Consolidated Comprehensive Income, for 2010 through 2012. Each item is expressed as a percentage of total revenues or expenses.</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Years Ended December 31,</FONT></B></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">2012&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2012</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">(Rp billion)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">%</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">(Rp billion)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">%</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">(Rp billion)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">%</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

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

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Revenues</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Telephone</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Cellular</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Usage charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">28,024&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">40.9&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">27,189&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">38.1&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">29,477&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">38.2&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,059&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Monthly subscription charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">488&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.7&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">569&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.8&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">696&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.9&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">72&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Features</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">582&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.8&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">838&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1.2&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">558&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.7&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">58&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Connection fee charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">40&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.1&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.0&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <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 style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">29,134&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">42.5&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">28,598&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">40.1&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">30,731&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">39.8&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,189&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Fixed Lines</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Usage charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">9,287&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">13.6&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">8,213&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">11.5&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">7,323&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">9.5&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">760&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Monthly subscription charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,251&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">4.7&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,004&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">4.2&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2,805&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3.6&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">291&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Installation charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">179&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.3&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">135&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.2&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">112&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.1&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">12&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Others</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">223&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.3&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">267&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.4&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">422&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.6&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">44&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">12,940&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">18.9&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">11,619&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">16.3&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">10,662&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">13.8&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,107&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Data, Internet and Information Technology Services</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Internet, data communication and information technology services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">8,297&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">12.1&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">10,548&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">14.8&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">14,857&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">19.3&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">1,542&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Short Messaging Services ("SMS")</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">11,289&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">16.5&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">13,093&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">18.4&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">12,631&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">16.4&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,310&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">VoIP</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">197&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.3&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">245&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.3&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">81&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.1&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

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

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">e-Business</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">18&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.0&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">38&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.1&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">55&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.1&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

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

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">19,801&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">28.9&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">23,924&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">33.6&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">27,624&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">35.9&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2,866&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Interconnection</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,735&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">5.5&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,509&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">4.9&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">4,273&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">5.5&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">443&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Network</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,058&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1.5&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,301&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1.8&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,208&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1.6&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">125&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Others Telecommunications Services</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,861&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2.7&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2,287&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3.3&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2,629&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3.4&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">273&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Total Revenues</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">68,529&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">100.0&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">71,238&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">100.0&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">77,127&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">100.0&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">8,003&nbsp;</FONT></P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT><FONT><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center">- 58 -</P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P>

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<a name="_bclHeader61"></a><DIV>

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



<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="80%" colSpan=13>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Years Ended December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">2012&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2012</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">(Rp billion)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">%</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">(Rp billion)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">%</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">(Rp billion)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">%</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

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

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">Operations, Maintenance and Telecommunication Services Expenses</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%"><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%"><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%"><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%"><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%"><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%"><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%"><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">Operations and maintenance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(8,836)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(19.1)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(9,184)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(18.2)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(9,012)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(16.7)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(935)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">Radio frequency usage charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(2,892)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(6.2)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(2,846)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(5.7)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(3,002)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(5.6)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(312)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">Concession fees and Universal Service Obligation charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(1,177)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(2.5)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(1,235)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(2.5)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(1,445)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(2.7)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(150)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">Electricity, gas and water</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(841)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(1.8)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(836)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(1.7)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(879)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(1.6)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(91)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Cost of phone, set top box, SIM and RUIM cards</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(1,067)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(2.3)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(967)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(1.9)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(687)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(1.3)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(71)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Insurance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(384)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(0.8)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(431)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(0.9)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(671)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(1.2)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(70)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Leased lines and CPE</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(215)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.5)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(406)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.8)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(407)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.8)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(42)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Vehicles rental and supporting facilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(283)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.6)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(291)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.6)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(293)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.5)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(30)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Cost of IT services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(200)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.4)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(144)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.3)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(222)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.4)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(23)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Travelling expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(60)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.1)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(54)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.1)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(57)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.1)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

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

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Others</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(91)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.3)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(59)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.1)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(121)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.2)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(13)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(16,046)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(34.6)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(16,453)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(32.8)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(16,796)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(31.1)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(1,743)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Depreciation and Amortization Expenses</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(14,580)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(31.5)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(14,823)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(29.6)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(14,474)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(26.8)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(1,502)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Personnel Expenses</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%"><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%"><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%"><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%"><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%"><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%"><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%"><FONT style="FONT-SIZE: 10pt">&nbsp;</FONT></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Vacation pay, incentives and other benefits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(2,575)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(5.6)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(2,814)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(5.6)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(3,400)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(6.3)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(353)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Salaries and related benefits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(2,751)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(5.9)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(3,001)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(6.0)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(3,257)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(6.0)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(338)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Employees&#8217; income tax</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(796)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(1.7)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(1,043)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(2.1)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(1,022)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(1.9)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(106)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Net periodic pension benefit cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(624)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(1.3)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(629)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(1.3)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(715)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(1.3)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(74)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Early retirement program</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(517)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(1.0)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(699)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(1.3)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(73)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Housing</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(214)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.5)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(197)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.4)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(200)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.4)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(21)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">LSA expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(78)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.2)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(96)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.2)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(121)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.2)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(12)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Net periodic post-employment health care benefit cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(238)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(0.5)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(199)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(0.4)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(90)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(0.2)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(9)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Insurance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(68)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.2)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(70)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.1)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(83)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.2)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

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

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Net periodic other post-employment benefit cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(61)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(0.1)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(53)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(0.1)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(49)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(0.1)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">(5)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Others</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(42)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.1)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(52)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.1)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(59)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.1)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

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

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(7,447)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(16.1)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(8,671)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(17.3)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(9,695)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(18.0)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(1,006)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Interconnection Expenses</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(3,086)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(6.7)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(3,555)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(7.1)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(4,667)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(8.7)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(484)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Marketing Expenses</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(2,525)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(5.4)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(3,278)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(6.5)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(3,094)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(5.7)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(321)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">General and Administrative Expenses</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(2,537)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(5.5)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(2,935)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(5.9)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(3,036)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(5.6)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(315)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(Loss) gain on foreign exchange - net</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">43&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.1&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(210)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.4)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(189)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.4)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(20)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Other expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(145)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.3)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(192)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.4)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(1,973)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(3.7)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(205)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Total expenses<SUP>(1)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(46,337)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(100.0)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(50,127)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(100.0)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(53,935)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(100.0)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(5,597)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Other income</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">548&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">666&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2,559&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">266&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Operating Profit</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">22,754&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">21,787&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">25,762&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2,673&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Finance income</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">452&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">620&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">596&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">62&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Finance costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(1,928)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(1,662)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(2,055)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(213)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Share of loss of associated companies</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(14)&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.0)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(10)&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.0)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(11)&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(0.0)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

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

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Profit before Income Tax</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">21,264&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">20,735&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">24,292&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2,521&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Net Income Tax Expense</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(5,512)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(5,385)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(5,908)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(613)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Profit for the Year</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">15,752&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">15,350&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">18,384&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,908&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Other Comprehensive Expenses - Net</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(553)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(1,947)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(3,005)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(313)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Net Comprehensive Income for the Year</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">15,199&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">13,403&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">15,379&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,595&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Profit for the year attributable to owners of the parent company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">11,427&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">10,848&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">12,864&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">1,335&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Net comprehensive income for the year attributable to owners of the parent company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">10,911&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">8,969&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">9,834&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">1,020&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Basic and Diluted Earnings per Share (in full amount)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Net income per share</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">580.95&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">553.70&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">669.92&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.07&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Net income per ADS (40 Series B shares per ADS)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">23,238.00&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">22,148.00&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">26,796.80&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">2.78&nbsp;</FONT></P></TD></TR></TABLE></DIV>

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

<DIV align=left>

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



<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" color=black face="Times New Roman">(1)</FONT><FONT style="FONT-SIZE: 8pt"><FONT color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT face="Times New Roman">Total expenses includes share of loss of associated companies.</FONT></FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT><FONT><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 59 -</P>

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



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<P style="MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Financial Overview </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Year ended December 31, 2012 compared to year ended December 31, 2011</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><STRONG><EM><FONT size=2></FONT></EM></STRONG>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Revenues&nbsp;</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">Total revenues increased by Rp5,889 billion, or 8.3%, from Rp71,238 billion in 2011 to Rp77,127 billion in 2012. The increase in revenues in 2012 was primarily due to the increase in revenues from celullar telephone, data, internet and information technology services, interconnection and other telecommunications services, partly offset by decreases in revenues from fixed lines telephone&nbsp;and network. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT size=2></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">1.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Cellular Telephone Revenues</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Cellular telephone revenues increased by Rp2,133 billion, or 7.5%, from Rp28,598 billion in 2011 to Rp30,731 billion in 2012 primarily due to increases in usage and monthly subscription charges, partially offset by a decrease in revenues from features.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Usage charges increased by Rp2,288 billion, or 8.4%, from Rp27,189 billion in 2011 to Rp29,477 billion in 2012 due to an increase in minutes of usage of 184.8 billion minutes, or 11.1% and a 16.9% increase in total subscribers. Monthly subscription charges increased by Rp127 billion, or 22.3%, from Rp569 billion in 2011 to Rp696 billion in&nbsp;2012&nbsp;due to increase in Flash and Blackberry subscribers of 93.1% with revenue growth of 21.5%. The increase was partly offset by a decrease in revenues from features, which decreased by Rp280 billion, or 33.4%, from Rp838 billion in 2011 to Rp558 billion in 2012 as a result of MoCI Regulation No. 01/PER/M.KOMINFO/01/2009 regarding the provision of&nbsp;premium messaging service and broadcasting&nbsp;short message to many receivers.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 4pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Fixed Lines Telephone Revenues</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Fixed lines telephone revenues decreased by Rp957 billion, or 8.2%, from Rp11,619 billion in 2011 to Rp10,662 billion in 2012. The decrease in fixed lines telephone revenues was primarily due to a decrease in usage charges, of Rp890 billion, or 10.8%, from Rp8,213 billion in 2011 to Rp7,323 billion in 2012 which was primarily caused by a decrease in local and domestic long distance usage. Further, monthly subscription charges revenues also decreased by Rp199 billion, or 6.6% in 2012. The decrease in fixed lines telephone revenues was primarily due to shifting usage to cellular telephone services.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 4pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">3.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Data, Internet and Information Technology Services Revenues </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Data, internet and information technology services revenues increased by Rp3,700 billion, or 15.5%, from Rp23,924 billion in 2011 to Rp27,624 billion in 2012. This increase was primarily due to an increase in revenues from internet, data communication and information technology services by Rp4,309 billion, or 40.9%, from Rp10,548 billion in 2011 to Rp14,857 billion in 2012, which was in turn largely driven by increases in cellular data communication revenues from increased mobile phone data usage and an increase in Flash mobile broadband subscribers of 99.5%, from 5.5 million subscribers in 2011 to 11.0 million subscribers in 2012. The increase in revenues from internet, data communication and information technology services was also due in part to an increase in Speedy subscribers of 30.9%, from 1.8 million subscribers in 2011 to 2.3 million subscribers in 2012, a 41.9% increase in data volumes through our VPN network, from </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">28,702&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> mbps in 2011&nbsp;to 40,748 mbps in 2012, and a 70.8% increase in data volumes through our metro ethernet, from </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">140,733&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> mbps in 2011 to 240,315 mbps in 2012.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 7pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">SMS volumes decreased by 47.8% from 226.4 billion messages in 2011 to 118.1 billion messages in 2012, while SMS revenues decreased by a smaller degree, by Rp462 billion, or 3.5%, from Rp13,093 billion in 2011 to Rp12,631 billion in 2012. The decrease in SMS volumes is in line with general increase in usage of internet-based messaging. Revenues declined by a smaller percentage primarily due to the implementation of cost-based interconnection for SMS on June 1, 2012. Prior to June 2012, SMS were sent and received among operators on a "Sender Keep All" basis. Effective June 1, 2012, in line with the cost-based interconnection regime for voice calls, the Government implemented cost-based interconnection for SMS. As Telkomsel historically had more incoming SMS than outgoing SMS, cost-based interconnection for SMS resulted in an overall benefit for Telkomsel&#8217;s SMS revenues.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">4.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Interconnection Revenues</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Interconnection revenues comprised interconnection revenues from our fixed line network and interconnection revenues from Telkomsel&#8217;s mobile cellular network. Interconnection revenues included incoming international long-distance revenues from our IDD service (TIC-007).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Interconnection revenues increased by Rp764 billion, or 21.8%, from Rp3,509 billion in 2011 to Rp4,273 billion in 2012. This increase was triggered by an increase in domestic interconnection and transit revenues of Rp547 billion, or 26.4%, from Rp2,071 billion in 2011 to Rp2,618 billion in 2012 primarily due to an increase in cellular interconnection revenues of Rp538 billion, or 30.2%, and an increase of Rp217 billion, or 15.1% in international interconnection revenues, due to our promotion rate offers for international calls and the increased number of incoming calls to mobile subscribers.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our total interconnection revenues accounted for 5.5% of our consolidated revenues for the year ended December 31, 2012, compared to 4.9% for the year ended December 31, 2011.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">5.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Network Revenues</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Network revenues decreased by Rp93 billion, or 7.1%, from Rp1,301 billion in 2011 to Rp1,208 billion in 2012 mainly due to a decrease in our revenues from leased lines services by Rp87 billion, or 9.5%, from Rp911 billion in 2011 to Rp824 billion in 2012. This decrease was due to declining prices for leased lines. </FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">6.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Other Telecommunications Services</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Revenues from other telecommunications services increased by Rp342 billion, or 15.0%, from Rp2,287 billion in 2011 to Rp2,629 billion in 2012. The increase was primarily due to an increase of Rp307 billion, or 41.5% in CPE and terminal revenue, an increase of Rp182 billion, or 83.1% in lease revenue, and an increase of Rp146 billion, or 56.4% in revenues from pay TV. The increase in pay TV revenues was primarily due to a </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">19</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">% increase in the number of subscribers from </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">1.0 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">million subscribers in 2011 to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">1.2 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">million subscribers in 2012.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">This increase above was partially offset by a decrease in revenues from USO compensation due to a decrease in USO projects to establish internet service centers in various provincial capital cities in 2012 and a decrease in our directory assistance revenues. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">B.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Other Income</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Other income increased by Rp1,893 billion, or 284.2%, from Rp666 billion in 2011 to Rp2,559 billion in 2012. The increase primarily related to insurance compensation received from the insurer amounted to Rp1,772 billion with regards to the insured Telkom-3 Satellite that was built and launched, but failed to reach its orbit on August 7, 2012. See Note 11 to our Consolidated Financial Statements.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">C.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Expenses&nbsp;</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Total expenses increased by Rp3,808 billion, or 7.6%, from Rp50,127 billion in 2011 to Rp53,935 billion in 2012. The increase in expenses was attributable primarily due to increases in operations, maintenance and telecommunication services, personnel and interconnection expenses. These expenses are further explained below:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face="Times New Roman">1.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Operations, Maintenance and Telecommunications Services Expenses </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Operations, maintenance and telecommunications services expenses increased by Rp343 billion, or 2.1%, from Rp16,453 billion in 2011 to Rp16,796 billion in 2012. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The increase in operations, maintenance and telecommunications services expenses was attributable by the following:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT size=2>-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Insurance expenses increased by Rp240 billion, or 55.7%, from Rp431 billion in 2011 to Rp671 billion in 2012 due to payment of Telkom-3 satellite insurance;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT size=2>-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Concession fees and USO charges increased by Rp210 billion, or 17.0%, from Rp1,235 billion in 2011 to Rp1,445 billion in 2012. This increase was primarily due to</FONT></FONT><FONT size=2><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">the </FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT size=2><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;increase in our total revenues, which we use to calculate the amount </FONT></FONT><FONT size=2><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">spent on USO projects, by Rp5,889 billion, or 8.3%; and </FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT size=2>-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Radio frequency usage expenses increased by Rp156 billion, or 5.5%, from Rp2,846 billion in 2011 to Rp3,002 billion in 2012, due to an increase in bandwidth used for </FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT size=2><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; cellular.</FONT></FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The above increases were offset by the following: </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT size=2>-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>A decrease in the cost of handset phone, set up top box, SIM and RUIM cards of Rp280 billion, or 29.0%, from Rp967 billion in 2011 to Rp687 billion in 2012. This decrease </FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT size=2><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; was caused by the use of less expensive packaging for SIM and </FONT></FONT><FONT size=2><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>RUIM cards;</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT face=Times><FONT size=2>-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT style="FONT-SIZE: 10pt" lang=EN-US>A decrease in operations and maintenance of Rp172 billion, or 1.9%, from Rp9,184 billion in 2011 to Rp9,012 billion in 2012 due to a decrease in expenses associated with </FONT></FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT face=Times><FONT size=2><FONT style="FONT-SIZE: 10pt" lang=EN-US>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; increasing the capacity of receiver and transmission stations and </FONT></FONT></FONT><FONT face=Times><FONT size=2><FONT style="FONT-SIZE: 10pt" lang=EN-US>Telkomsel&#8217;s broadband services.</FONT></FONT></FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Depreciation and Amortization Expenses</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Depreciation and amortization</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> </FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">expenses decreased by Rp349 billion, or 2.4%, from Rp14,823 billion in 2011 to Rp14,474 billion in 2012, primarily due to lower impairment charge on fixed wireless cash generating unit (&#8220;CGU&#8221;) by Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">316 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">billion, or </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">56.1</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">% from Rp563 billion in 2011 to Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">247 billion in 2012 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">and the net impact of the change in the estimated useful lives of towers and certain equipment by Rp101 billion, offset by increases in the depreciation of leased assets. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The impairment indicators on our fixed wireless CGU continued to exist in 2012 mainly due to increased competition in the fixed wireless market and that has resulted in lower average tariffs, declining active customers and declining ARPU and we conducted an impairment test to determine if further impairment was necessary. See Item 3 &#8220;Key Information &#8211; Risk Factors &#8211; Risks Related to Our Business &#8211; Competition Risks Related to Our Fixed Telecommunication Business&#8221;. We assessed the recoverable value of the assets in the CGU and determined that assets for the fixed wireless CGU were impaired amounting to Rp247 billion at December 31, 2012. The recoverable amount was determined based on value-in-use ("VIU") calculations. These calculations used pre-tax cash flow projections approved by management covering a five-year period and with cash flows beyond the five-year period extrapolated using a perpetuity growth rate. The cash flow projections reflect management&#8217;s expectations of revenue, EBITDA growth and operating cash flows on the basis that the fixed wireless CGU generates positive net cash flows from 2013. Management&#8217;s cash flow projection also incorporates management&#8217;s reasonable expectations for developments in macro-economic conditions and <FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">market expectations for the Indonesian telecommunications industry. As of December 31, 2012, management applied a pre-tax discount rate of 12.3% derived from the Company&#8217;s post-tax weighted average cost of capital and benchmarked to externally available data. The perpetuity growth rate used of 0.5% assumes that subscriber numbers may continue to increase after five years, while ARPU may decline such that the long-term growth will not be significant. </FONT></FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A 1% increase in the discount rate used would result in an increase in impairment loss of approximately Rp458 billion. However, the recoverable amount of the fixed wireless CGU is sensitive to whether management will be able to implement its plans, including the cost efficiency plan, such that it generates positive cash flows and returns to profitability as projected. If the performance of the fixed wireless CGU continues to decline or if management&#8217;s initiatives are not performing as expected in the next financial year, analysis will be required to assess whether there will be further impairment next year.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In 2012, the useful life of Telkomsel&#8217;s towers was changed from 10 years to 20 years for purposes of calculating depreciation to reflect the current expected usage and the physical wear and tear of the towers. The impact is a reduction of depreciation expense by Rp635 billion recognized in the 2012 consolidated statement of comprehensive income. Moreover, Telkomsel decided to replace certain equipment with net carrying amount of Rp1,037 billion, as part of a modernization program. Accordingly, Telkomsel changed the estimated useful lives of such equipment resulting in additional depreciation expense of Rp534 billion that was charged to the 2012 consolidated statement of comprehensive income. The impact of the changes in the estimated useful lives of the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">towers and equipment to the profit before income tax is fully discussed in Note 11 to our Consolidated Financial Statements.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">3.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Personnel Expenses </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Personnel expenses increased by Rp1,024 billion, or 11.8%, from Rp8,671 billion in 2011 to Rp9,695 billion in 2012 due in part to an increase in vacation pay, incentives and other benefits by Rp586 billion, or 20.8%, from Rp2,814 billion in 2011 to Rp3,400 billion in 2012, an increase by Rp182 billion or 35.2% in early retirement program expenses from Rp517 billion in 2011 to Rp699 billion in 2012, and an increase in salaries and related benefits by Rp256 billion or 8.5% from Rp3,001 billion in 2011 to Rp3,257 billion in 2012. </FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">4.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Interconnection Expenses</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Interconnection expenses increased by Rp1,112 billion, or 31.3%, from Rp3,555 billion in 2011 to Rp4,667 billion in 2012 primarily due to an increase of 43.5% in domestic interconnection and transit interconnection expenses and an increase of 5.4% in international interconnection fees.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our total interconnection expenses accounted for 8.7% of our consolidated expenses for the year ended December 31, 2012, compared to 7.1% for the year ended December 31, 2011.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">5.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Marketing Expenses</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Marketing expenses decreased by Rp184 billion, or 5.6%, from Rp3,278 billion in 2011 to Rp3,094 billion in 2012 primarily due to a decrease in advertising and promotion expenses by Rp249 billion, or 9.1% due to marketing cost optimization.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">6.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">General and Administrative Expenses</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">General and administrative expenses increased by Rp101 billion, or 3.4%, from Rp2,935 billion in 2011 to Rp3,036 billion in 2012 due in part to an </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">increase&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> in general expenses by</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Rp201 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">or&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> 61.7%, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">from&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Rp326 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">billion in</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> 2011 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">to&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Rp527 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">billion in</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. The </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">increase&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> in general expenses was primarily due to vehicle facility reimbursement expenses related to changes of our policy and directors&#8217; severance pay due to the Board of Directors changes in 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">.&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> Provision for impairment of receivables increased by Rp32 billion, or 3.6%, from Rp883 billion in 2011 to Rp915 billion in 2012. This increase primarily resulted from current year individual and collective assessment for impairment of receivables.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT size=2></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The increase in provision for impairment of receivables was partially offset by a decrease in social contribution expenses by Rp161 billion, or 55.5%, from Rp290 billion in 2011 to Rp129 billion in 2012. This decrease resulted from our shareholders&#8217; decision to lower the amount of net profit spent on corporate social responsibility from 2.0% in 2011 to 1.0% in 2012. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT size=2></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Professional fees decreased by Rp48 billion, or 20.4%, while security and screening expense decreased by Rp35 billion, or 36.1%, from Rp97 billion in 2011 to Rp62 billion in 2012.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">7.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"> (</FONT> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Loss) <FONT style="FONT-SIZE: 10pt" face="Times New Roman">g</FONT>ain on Foreign Exchange - net</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Loss on foreign exchange - net decreased by Rp21 billion, or 10%,&nbsp; from Rp210 billion&nbsp;in 2011 to Rp189 billion in 2012. The decrease was primarily due to the depreciation of the Japanese Yen by 4.3% wich was partially offset by&nbsp;the appreciation of the US Dollar by 6.3%.</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">8.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Other expenses</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Other expenses increased by Rp1,781 billion, or 927.6%,&nbsp;from Rp192 billion in 2011 to Rp1,973 billion in 2012. The increase primarily related to derecognition of the carrying value of the Telkom-3 Satellite, which was built and launched, but failed to reach usable orbit on August 7, 2012, amounting to Rp1,606 billion. See Note 11 to our Consolidated Financial Statements.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">D.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Operating Profit and Operating Profit Margin</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">As a result of the foregoing, operating profit increased by Rp3,975 billion, or 18.2%, from Rp21,787 billion in 2011 to Rp25,762 billion in 2012. Operating profit margin increased from 30.6% in 2011 to 33.4% in 2012.</FONT></P>

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

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">E.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Profit before Income Tax and Pre-Tax Margin</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">As a result of the foregoing, profit before income tax increased by Rp3,557 billion, or 17.2%, from Rp20,735 billion in 2011 to Rp24,292 billion in 2012. Pre-tax margin slightly increased from 29.1% in 2011 to 31.5% in 2012.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">F.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Income Tax Expense</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> &nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Income tax expense increased by Rp523 billion, or 9.7%, from Rp5,385 billion in 2011 to Rp5,908 billion in 2012, following the increase in profit before income tax by 17.2%.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">G.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Other Comprehensive (Expenses) Income</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> &nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Other comprehensive expenses increased by Rp1,058 billion, or 54.3%, from Rp1,947 billion in 2011 to Rp3,005 billion in 2012 due to the increase in defined benefit plan actuarial losses by Rp1,073 billion, or 54.8%, from Rp1,958 billion in 2011 to Rp3,031 billion in 2012.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" 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"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">H.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Comprehensive Income for the year</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> &nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Comprehensive income for the year increased by Rp1,976 billion, or 14.7%, from Rp13,403 billion in 2011 to Rp15,379 billion in 2012.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=EN-US color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">I.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Profit for the Year Attributable to Non-controlling Interest</FONT></I></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Profit for the year attributable to non-controlling interest increased by Rp1,018 billion, or 22.6%, from Rp4,502 billion in 2011 to Rp5,520 billion in 2012.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=EN-US color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">J.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Profit for the Year Attributable to Owners of the Parent Company</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Profit for the year attributable to owners of the parent company increased by Rp2,016 billion, or 18.6%, from Rp10,848 billion in 2011 to Rp12,864 billion in 2012.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">K.</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Net Income per Share</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> &nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Net income per share increase<FONT style="FONT-SIZE: 10pt" face="Times New Roman">d</FONT> by Rp116, or 21.0%, from Rp554 in 2011 to Rp670 in 2012.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Year ended December 31, 2011 compared to year ended December 31, 2010</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Revenues&nbsp;</FONT></I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> &nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Total revenues increased by Rp2,709 billion, or 4.0%, from Rp68,529 billion in 2010 to Rp71,238 billion in 2011. The increase in revenues in 2011 was primarily due to the increase in revenues from data, internet and information technology services, network and other telecommunications services, partly offset by decreases in revenues from fixed lines, cellular, and interconnection. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT size=2></FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">1.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Telephone Revenues</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A.&nbsp;&nbsp;&nbsp; Cellular Telephone Revenues</FONT></I></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Cellular telephone revenues decreased by Rp536 billion, or 1.8%, from Rp29,134 billion in 2010 to Rp28,598 billion in 2011 primarily due to decreases in usage charges, offset partially by an increase in revenues from features.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Usage charges decreased by Rp835 billion, or 3.0%, from Rp28,024 billion in 2010 to Rp27,189 billion in 2011 due to decrease in local cellular usage. On the other hand, features revenues increased by Rp256 billion, or 44.0%, from Rp582 billion in 2010 to Rp838 billion in 2011.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;B.&nbsp;&nbsp;&nbsp;&nbsp; Fixed Lines Telephone Revenues</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Fixed lines telephone revenues decreased by Rp1,321 billion, or 10.2%, from Rp12,940 billion in 2010 to Rp11,619 billion in 2011. The decrease in fixed lines telephone revenues was primarily due to the decrease in usage charges, which decreased by Rp1,074 billion, or 11.6%, from Rp9,287 billion in 2010 to Rp8,213 billion in 2011 due to decreases in local and domestic long distance usage. Further, monthly subscription charges revenues also decreased by Rp247 billion, or 7.6% in 2011. The decreases were primarily&nbsp;due to a decline in the use of fixed line services&nbsp;as consumers favored newer technologies.</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Data, Internet and Information Technology Services Revenues </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Data, internet and information technology services revenues increased by Rp4,123 billion, or 20.8%, from Rp19,801 billion in 2010 to Rp23,924 billion in 2011. This increase was primarily due to an increase in revenues from internet, data communication and information technology services by Rp2,251 billion, or 27.1%, from Rp8,297 billion in 2010 to Rp10,548 billion in 2011. This increase was due in part to an increases in the numbers of our Speedy&nbsp;internet subscribers by 8.5%, from 1.6 million subscribers in 2010 to 1.8 million subscribers in 2011, and an increase in the number of our Flash internet subscribers by 45.7%,&nbsp;from 3.8 million subscribers in 2010 to 5.5 million subscribers in 2011. The increase was also due to the increase in data volumes through our VPN network by 18.4%, from 24,237 mbps in 2010 to 28,702 mbps in 2011, and data volumes through our Metro ethernet by 131.0%, from 60,924 mbps in 2010 to 140,733 mbps in 2011. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT size=2></FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">SMS revenue also increased by Rp1,804 billion, or 16.0%, from Rp11,289 billion in 2010 to Rp13,093 billion in 2011. This increase was due to an increase in SMS volumes of 13.4% from 199.6 billion messages in 2010 to 226.4 billion messages in 2011.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">3.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Interconnection Revenues</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Interconnection revenues decreased by Rp226 billion, or 6.1%, from Rp3,735 billion in 2010 to Rp3,509 billion in 2011. International interconnection revenues decreased by Rp123 billion, or 7.9%, from Rp1,561 billion in 2010 to Rp1,438 billion in 2011 and domestic interconnection and transit revenues decreased by Rp103 billion, or 4.7%, from Rp2,174 billion in 2010 to Rp2,071 billion in 2011. This was caused in part by a decrease of Rp113 billion, or 6.0%, in cellular interconnection revenues due to the cellular industry&#8217;s promotion of reduced rates for calls between subscribers of the same cellular network. Furthermore, government mandated interconnection rates for 2011 were slightly lower than the rates in 2010. In addition, international interconnection revenues also slightly decreased. Both cellular and international interconnection revenues decreased due to the substantial increase in the use of VoIP to make calls, including from mobile phones through VoIP mobile applications.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Interconnection revenues comprised interconnection revenues from our fixed line network and interconnection revenues from Telkomsel&#8217;s mobile cellular network. Interconnection revenues included incoming international long-distance revenues from our IDD service (TIC-007).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our total interconnection revenues accounted for 5.5% of our consolidated revenues for the year ended December 31, 2010, compared to 4.9% for the year ended December 31, 2011.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">4.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Network Revenues</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Network revenues increased by Rp243 billion, or 23.0%, from Rp1,058 billion in 2010 to Rp1,301 billion in 2011 mainly due to a substantial increase in our revenues from leased lines services by Rp224 billion, or 32.6%, from Rp687 billion in 2010 to Rp911 billion in 2011. This increase was due to the increased number of capacity leased from 40,451 E1 in 2010 to 118,357 E1 in 2011, as demand increased due to economic growth and partially offset with declining prices for leased lines. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Satellite transponder lease revenues increased by Rp19 billion, or 5.1%, from Rp371 billion in 2010 to Rp390 billion in 2011 due to an increase in capacity leased resulting from increased demand.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">5.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Other Telecommunications Services</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In 2011, our revenues from other telecommunications services increased by Rp426 billion, or 22.9%, from Rp1,861 billion in 2010 to Rp2,287 billion in 2011. The increase in other telecommunications services revenues was primarily due to an increase in revenues from pay TV by Rp100 billion, or 62.9%, from Rp159 billion in 2010 to Rp259 billion in 2011; an increase in USO compensation by Rp173 billion, or 71.5%, from Rp242 billion in 2010 to Rp415 billion in 2011; and an increase in other revenues by Rp101 billion, or 240.5%, from Rp42 billion in 2010 to Rp143 billion in 2011.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>Revenues from pay TV increased due to substantial increase in the number of subscribers from 212,9 thousands&nbsp;subscribers in 2010 to 1,000 thousands&nbsp;subscribers in 2011 resulting from our intensive promotion<FONT style="FONT-SIZE: 10pt" face="Times New Roman">al campaign</FONT>&nbsp;and lower tariff<FONT style="FONT-SIZE: 10pt" face="Times New Roman">s</FONT>. Revenues from USO compensation increased due to revenues in 2011 primarily due to a USO project to establish internet service centers in various provincial capital cities. Other revenues increased due in part to revenues from fees charged to businesses listing for our directory assistance amounted to Rp349 billion in 2011.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">B.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Expenses&nbsp;</FONT></I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">Total expenses increased by Rp3,790 billion, or 8.2%, from Rp46,337 billion in 2010 to Rp50,127 billion in 2011. The increase in expenses was attributable primarily due to increases in personnel, marketing and interconnection expenses. These expenses are further explained below:</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">1.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Operations, Maintenance and Telecommunications Services Expenses </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Operations, maintenance and telecommunications services expenses increased by Rp407 billion, or 2.5%, from Rp16,046 billion in 2010 to Rp16,453 billion in 2011. The increase in operations, maintenance and telecommunications services expenses was attributable to an increase in maintenance expense&nbsp;for tower, office building and base station by Rp348 billion, or 3.9%, resulting from with the expanded capacity of Telkomsel&#8217;s transmitting and receiving stations and broadband services.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Other increases in operations, maintenance and telecommunications services expenses included:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="courier new">&shy;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;<FONT style="FONT-SIZE: 7pt" face="Times New Roman">-&nbsp;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Leased lines and CPE expenses increased by Rp191 billion, or 88.8%, from Rp215 billion in 2010 to Rp406 billion in 2011;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="courier new">&shy;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;- &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Concession fees and USO charges increased by Rp58 billion, or 4.9%, from Rp1,177 billion in 2010 to Rp1,235 billion in 2011. This increase followed from increased total revenues by 4.0%; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="courier new">&shy;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Insurance expenses increased by Rp47 billion, or 12.2%, from Rp384 billion in 2010 to Rp431 billion in 2011. This increase was due to insurance expense of damage sustained by our submarine cables caused by a tsunami in West Sumatra and an earthquake in Sumbawa in 2010.</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 face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The above increases were partially offset by the following: </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 9pt" lang=EN-US face="times new roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>The cost of handset phone, set top box, SIM and RUIM cards decreased by Rp100 billion, or 9.4%, from Rp1,067 billion in 2010 to Rp967 billion in 2011. This decrease was caused by the use of less expensive packaging for SIM and RUIM cards;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 9pt" lang=EN-US face="times new roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>The cost of IT services decreased by Rp56 billion, or 28.0%, from Rp200 billion in 2010 to Rp144 billion in 2011. This decrease was resulted from a decrease in the number of software licenses maintained, because of the substitution using Sigma&#8217;s services for some software in 2011, and a decrease in software maintenance expenses; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 9pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Radio frequency usage expenses decreased by Rp46 billion, or 1.6%, from Rp2,892 billion in 2010 to Rp2,846 billion in 2011, due to a new regulation issued on December 13, 2010 under which right-of-use fees paid to the Government for BTSs are no longer calculated in relation to the number of BTSs deployed and are computed based on bandwidth used.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Depreciation and Amortization Expenses</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Depreciation and amortization</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> </FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">expenses increased by Rp243 billion, or 1.7%, from Rp14,580 billion in 2010 to Rp14,823 billion in 2011, primarily due to&nbsp;an increased in depreciation expense&nbsp;of Rp608 billion, or 4.7%, from Rp13,052 billion in 2010 to Rp13,660 billion in 2011, resulting from the depreciation of facilities supporting BTSs and switching equipment, offset by decreases in the depreciation of cable networks, data processing equipment and capital leases. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">As&nbsp;increased competition in the fixed wireless market resulted in lower average tariffs, declining active customers and declining ARPU, we conducted an impairment test for the fixed wireless cash generating unit. See Item 3 &#8220;Key Information &#8211; Risk Factors &#8211; Risks Related to Our Business &#8211; Competition Risks Related to Our Fixed Telecommunication Business&#8221;. We wrote down impaired fixed wireless related assets to&nbsp;their recoverable value, which was determined by our management based on estimated VIU calculations. In determining VIU, our management uses discretion in establishing forecast of future operating performance, as well as&nbsp;in selecting assumed growth rates and discount rates.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=EN-AU face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">These judgments are applied based on our understanding of historical information and expectations of future performance. The cash flow projections reflect management&#8217;s expectations of revenue, EBITDA growth, and operating cash flows on the basis that the fixed wireless CGU generates positive net cash flows from 2013 and returns to profitability in 2016. Management&#8217;s cash flow projection also incorporates expectations for developments in macro-economic conditions and market expectations for the Indonesian telecommunications industry. The projection assumes that management will receive appropriate licenses and effectively implement a full mobility initiative that will remove limitations in the existing service which can only be used by customers within a particular area code. Management applied a pre-tax discount rate of 11.4%, derived from our&nbsp;post-tax weighted average cost of capital and benchmarked to externally available data. The perpetuity growth rate used of 0% assumes that while subscriber numbers may continue to increase after five years, ARPU may decline such that only negligible long term growth will be achieved in a competitive market.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=EN-AU face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">We recognized an impairment for&nbsp;assets in&nbsp;the fixed wireless CGU as of&nbsp;December 31, 2011 resulting in an impairment charge of Rp563 billion (2010: Rp nil)&nbsp;in the Consolidated Statement of Comprehensive Income under &#8216;Depreciation and Amortization&#8217;. Changing the key assumptions, including the discount rates or the growth rate assumption in the cash flow projections, could materially affect the value in use calculations</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">. A 1% increase in the discount rate used would result in an increase in impairment loss of approximately Rp907 billion. However the recoverable amount of the fixed wireless CGU is most sensitive to whether management will be able to implement its plans, including the full mobility initiative, such that it <FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">generates positive cash flows and returns to profitability as projected. </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-GB face="Times New Roman">If the performance of the fixed wireless CGU continues to decline or if management&#8217;s initiatives are not performing as expected in the next financial year, analysis will be required to assess whether there will be further impairment next year.</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=EN-US face=times></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">There was a decrease in amortization expense of Rp928 billion, or 60.7% that was primarily due to KSO related intangible assets being fully amortized as of December 31, 2010 following expiration of the KSO by that date. In 2011, the related intangible assets have been written-off.</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Personnel Expenses </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Personnel expenses increased by Rp1,224 billion, or 16.4%, from Rp7,447 billion in 2010 to Rp8,671 billion in 2011. The increase in personnel expenses was due in part to an increase in salaries and related benefits of Rp250 billion, or 9.1%, from Rp2,751 billion in 2010 to Rp3,001 billion in 2011. This increase was due in part to an annual increase in basic salaries of 8.0% to adjust for domestic inflation. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In addition, early retirement program expenses were Rp517 billion in 2011, compared to nil in 2010 when no early retirement programs were offered. Vacation pay, incentives and other benefit expense also contributed to </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">the increase by Rp239 billion, or 9.3%, from Rp2,575 billion in 2010 to Rp2,814 billion in 2011, primarily due to an increase in incentives.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Employees&#8217; income tax expenses also increased by Rp247 billion, or 31.0%, from Rp796 billion in 2010 to Rp1,043 billion in 2011. This increase followed from the increase in salaries and related benefits.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">4.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Interconnection Expenses</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Interconnection expenses increased by Rp469 billion, or 15.2%, from Rp3,086 billion in 2010 to Rp3,555 billion in 2011. Interconnection expenses increased due to an increase in domestic cellular interconnection and transit (interconnection expenses for calls between Telkomsel subscribers routed through the cellular network of another company) interconnection expenses by Rp434 billion, or 21.9%, which was in line with the increase in Telkomsel&#8217;s number of subscribers in 2011 by 13.8%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our total interconnection expenses accounted for 7.1% of our consolidated expenses for the year ended December 31, 2011, compared to 6.7% for the year ended December 31, 2010.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">5.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Marketing Expenses</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Marketing expenses increased by Rp753 billion, or 29.8%, from Rp2,525 billion in 2010 to Rp3,278 billion in 2011 primarily due to an increase in advertising and promotion expenses by Rp749 billion, or 37.6%. The increase in advertising and promotion expenses was due to changes of Telkomsel&#8217;s dealer incentive scheme.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">6.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">General and Administrative Expenses</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">General and administrative expenses increased by Rp398 billion, or 15.7%, from Rp2,537 billion in 2010 to Rp2,935 billion in 2011 due in part to an increase in the provision for impairment of receivables by Rp358 billion, or 68.2%, from Rp525 billion in 2010 to Rp883 billion in 2011. This increase mainly resulted from current year individual and collective assessment for impairment of receivables.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In addition, social contribution expenses increased by Rp119 billion, or 69.6%, from Rp171 billion in 2010 to Rp290 billion in 2011. This increase resulted from the decision by our shareholders to increase the amount spent on corporate social responsibility from 1.0% of our total comprehensive income in 2010 to 2.0% of our total comprehensive income in 2011, allocated equally between community development and partnership programs. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Professional fees increased by Rp72 billion, or 44.2%, from Rp163 billion in 2010 to Rp235 billion in 2011.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The increases in professional fees, social contribution expenses and provision for impairment of receivables&nbsp;were partially offset by a&nbsp;decrease in security and screening expense of Rp118 billion, or 54.9%, from Rp215 billion in 2010 to Rp97 billion in 2011. This decrease was due to a major optimization exercise pursuant to which the number of security guards used was substantially reduced and guards were sourced from a Telkom subsidiary instead of a third party.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In addition, collection expenses decreased by Rp74 billion, or 18.5%, from Rp401 billion in 2010 to Rp327 billion in 2011. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">7.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <FONT style="FONT-SIZE: 10pt" face="Times New Roman">(</FONT></FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Loss) gain on Foreign Exchange - net</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Loss) gain on foreign exchange - net decreased by Rp253 billion or 588.4% from a gain of Rp43 billion in 2010 to a loss of Rp210 billion in 2011. The decrease is primarily due to the appreciation of the Yen by 5.6% in 2011 which resulted in the increase in cost of debt denominated in Yen, doubled with a smaller loss due to the appreciation of the US Dollars by 0.7% in 2011.</FONT></P>

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

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">C.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Operating Profit and Operating Profit Margin</FONT></I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As a result of the foregoing, operating profit decreased by Rp967 billion, or 4.2%, from Rp22,754 billion in 2010 to Rp21,787 billion in 2011. Meanwhile, revenues increased by Rp2,709 billion, or 4.0% and our operating profit margin decreased from 33.2% in 2010 to 30.6% in 2011.</FONT></P>

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

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">D.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Profit before Income Tax and Pre-Tax Margin</FONT></I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As a result of the foregoing, profit before income tax decreased by Rp529 billion, or 2.5%, from Rp21,264 billion in 2010 to Rp20,735 billion in 2011. Pre-tax margin slightly decreased from 31.0% in 2010 to 29.1% in 2011.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">E.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Income Tax Expense</FONT></I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Income tax expense decreased by Rp127 billion, or 2.3%, from Rp5,512 billion in 2010 to Rp5,385 billion in 2011, following the decrease in profit before income tax by 2.5%.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; 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 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">F.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face=Myriad-Roman>Other Comprehensive (Expenses)&nbsp;Income</FONT></I></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face=Myriad-Roman>Defined benefit plan actuarial losses-net of tax increased substantially by Rp1,371 billion from Rp587 billion in 2010 to Rp1,958 billion in 2011. The increase was primarily due to an increase in actuarial losses recognized during the year (before tax) of Rp4,410 billion, partially offset by a decrease in asset ceiling limitation (before tax) by Rp2,799 billion.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">G.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Profit for the Year Attributable to Non-controlling Interest</FONT></I></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Profit for the year attributable to non-controlling interest increased by Rp177 billion, or 4.1%, from Rp4,325 billion in 2010 to Rp4,502 billion in 2011.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="LINE-HEIGHT: normal; 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 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">H.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Profit for the Year Attributable to Owners of the Parent Company</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Profit for the year attributable to owners of the parent company decreased by Rp579 billion, or 5.1%, from Rp11,427 billion in 2010 to Rp10,848 billion in 2011.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">I.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Equity&nbsp;</FONT></I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> &nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Total equity increased by Rp2,488 billion, or 4.4%, from Rp56,538 billion in 2010 to Rp59,026 billion in 2011. The increase</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> in total equity was primarily the result of </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">total comprehensive income for the year</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> attributable to owners of the parent company of Rp13,403 billion in 2011, offset by </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">dividends&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">of Rp8,849 billion </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">and the acquisition cost of treasury stock of Rp2,059 billion</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">. As a result of foregoing, our retained earnings increase </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">by Rp3,139 billion, or 7.3%, from Rp42,726 billion as of December 31, 2010 to Rp45,865 billion as of December 31, 2011.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; 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 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">J.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Net Income per Share</FONT></I></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Net income per share decrease<FONT style="FONT-SIZE: 10pt" face="Times New Roman">d</FONT> by Rp27, or 4.7%, from Rp581 in 2010 to Rp554 in 2011.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US 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 face="times new roman">Segment Overview</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" lang=IN><FONT style="LINE-HEIGHT: 115%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=EN-US>In 2012, management decided to change the way it manages the Company's business portfolios from a product-based approach to a customer-centric approach, as part of the Company&#8217;s strategy to provide a one-stop solution to its customers. This resulted in a change in the Company&#8217;s organizational structure to accommodate decision-making and performance assessment based on a customer-centric approach. Consequently, the segment financial information presented to the Company's Chief Operational Decision Maker was amended to facilitate decision making on the new segments. The segment information for the year ended December 31, 2011 has been restated to conform with the presentation of segment information for the year ended December 31, 2012. However, the costs of extending the restatement of each individual item of comparative information for the year ended December 31, 2010 were considered to outweigh the benefits of providing a more accurate comparative information. Management considered that the restatement of the 2010 segment information was impracticable. Moreover, management also considered that the presentation of 2010, 2011 and 2012 segment information in the old basis (product-based approach) are not relevant considering that management currently manages its business on a customer-centric approach.</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">We </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">have four main operating segments, namely: corporate, home, personal and others:</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face=calibri,sans-serif>&#8211;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our corporate segment provides telecommunications services including interconnection, leased lines, satellite, VSAT, contact center, broadband access, information technology services, data and internet services to companies and institutions</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">;&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face=calibri,sans-serif>&#8211;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our home segment provides fixed wireline telecommunications services, pay TV, data and internet services to home consumers</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">;&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face=calibri,sans-serif>&#8211;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our personal segment provides mobile cellular and fixed wireless telecommunications services including mobile access and information technology services, data and internet services to individual consumers</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">; and </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face=calibri,sans-serif>&#8211;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our others segment provides building management services</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">.&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">For more detailed information regarding our segment information, see Note 35 to our Consolidated Financial Statements. Our segment results for the year 2011 and </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">2012&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> were</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman"> as follows:</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Years Ended December 31,</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2011&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2012&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2012&nbsp;</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(Rp billion)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(Rp billion)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(US$ million)</FONT></B></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Segment Results</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>External revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>14,279&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>15,579&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,616&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Inter-segment revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>5,289&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>6,468&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>671&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Total segment revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,568&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>22,047&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,287&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Segment expenses - net</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(15,659)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(17,976)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(1,865)</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Segment results</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>3,909&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>4,071&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>422&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Depreciation and amortization expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(1,890)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(2,079)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(216)</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Provision for impairment of receivables </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(255)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(92)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(10)</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Home</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Segment Results</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>External revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8,171&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>7,360&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>764&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Inter-segment revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,888&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,223&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>231&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Total segment revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>10,059&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,583&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>995&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Segment expenses - net</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(8,322)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(7,939)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(824)</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Segment results</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,737&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,644&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>171&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Depreciation and amortization expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(1,389)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(1,168)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(121)</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Provision for impairment of receivables </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(454)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(505)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(52)</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Personal</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Segment Results</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>External revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>48,733&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>54,087&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>5,612&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Inter-segment revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,180&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,188&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>227&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Total segment revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>50,913&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>56,275&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>5,839&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Segment expenses - net</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(34,679)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(36,372)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(3,774)</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Segment results</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>16,234&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,903&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,065&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Depreciation and amortization expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(11,007)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(10,940)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(1,135)</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Provision for impairment of receivables </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(174)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(318)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(33)</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Others</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Segment Results</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>External revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>70&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>117&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>12&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Inter-segment revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>350&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>648&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>67&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Total segment revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>420&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>765&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>79&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Segment expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(342)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(685)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(71)</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Segment results</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>78&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>80&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Depreciation and amortization expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(14)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(22)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(2)</FONT></P></TD></TR>

<TR style="HEIGHT: 10.1pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Provision for impairment of receivables </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 10.1pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Year ended December 31, </FONT></I></B><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">2012&nbsp;</FONT></I></B><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> compared to year ended December 31, </FONT></I></B><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">2011.&nbsp;</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 5pt" lang=EN-US face="times new roman"></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Corporate Segment</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Our corporate segment revenues </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">increased&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> by Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">2,479&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> billion, or </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">12.7</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">%, from Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">19,568&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> billion in </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">2011&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> to Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">22,047&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> billion in </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">. The increase in corporate segment revenues was primarily due </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>to an increase in interconnection revenue of Rp1,632</FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=white face=Times> </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>billion, or 40.8%, primarily resulting from an increase in IP transit and outgoing IDD revenues. Data and internet revenues increase of Rp705 billion, or 15.8%, primarily due to an increase in revenues from Metro Ethernet and data, internet and telecommunication service in-line with an increase of 7<FONT style="FONT-SIZE: 10pt" face="Times New Roman">0</FONT>.8% in Metro Ethernet data volume from 140,733 Mbps in 2011 to 240,315 Mbps in 2012. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Our corporate segment expenses </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">increased by</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">2,317&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> billion, or </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">14.8</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">%, from Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">15,659&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> billion in </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">2011&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> to Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">17,976&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> billion in </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">, primarily due to </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>increase in operation and maintenance expense by Rp1,763 billion, or 31.4%, primarily resulting from cooperation expense and operating and maintenance expense for antennae and towers. Personnel expense also increased by Rp459 billion, or 15.1%, from 2011. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Home Segment</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Our home segment revenues decreased by Rp476 billion, or 4.7%, from Rp10,059 billion in 2011 to Rp9,583 billion in 2012, primarily due to a decrease in fixed wireline telephone revenues of Rp616 billion, or 10.2%, which resulted from both decreased fixed wireline ARPU and usage due to shifting usage to cellular and fixed wireless telephone services.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=EN-US>Our home segment expenses decreased by Rp383 billion, or 4.6%, from Rp8,322 billion in 2011 to Rp7,939 billion in 2012, primarily due to decrease in operation and maintenance expense by Rp1,352 billion, or 55.3%, which was partially offset by increase in depreciation expense by Rp561 billion, or 46.3%, and personnel expenses by Rp382 billion, or 11.7%. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Personal Segment</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Our personal segment revenues increased by Rp5,362 billion, or 10.5%, from Rp50,913 billion in 2011 to Rp56,275 billion in 2012, primarily due to an increase in cellular revenues of Rp4,957 billion, or 15.0% and an increase in interconnection revenue by Rp444 billion, or 14.1% compared to 2011. The increase in cellular revenues was primarily due to an increase in&nbsp;<FONT style="FONT-SIZE: 10pt" face="Times New Roman">data and internet</FONT>&nbsp;revenue by Rp2,553 billion in 2012 as compared to 2011, or 49.1%, <FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">and an increase in long distance cellular revenue by Rp 1,397 billion in 2012 as compared to 2011, or 20.6%. The increase in interconnection revenue was primarily due to an increase in local cellular revenue. </FONT></FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our personal segment expenses increased by Rp1,693 billion, or 4.9%, from Rp34,679 billion in 2011 to Rp36,372 billion in 2012, primarily due to an increase in interconnection expenses of Rp196 billion, or 4.2% and an increase in operation and maintenance expenses of Rp1,025 billion, or 7.6%. The increase in operation and maintenance expense was primarily due to an increase in transport expense and an increase in radio frequency expenses. On the other hand, depreciation expenses decreased by Rp1,066 billion or 9.9% due to&nbsp;the changes in the estimated useful lives of towers and certain equipment.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Other Segment</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our other segment revenues increased by Rp345 billion, or 82.1%, from Rp420 billion in 2011 to Rp765 billion in 2012, due to the increase in TelkomProperty&#8217;s other telecommunication services of Rp273 billion, or 368%, resulting from the increase in management project of Rp57 billion, or 102.8% and security services of Rp206 billion, or 100%. In addition, lease revenues also increase by Rp71 billion, or 20.5% due to the increase in building lease of Rp24 billion, or 48.7% and building maintenance of Rp 46 billion, or 15.6%.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our other segment expenses increased by Rp343 billion, or 100.3%, from Rp342 billion in 2011 to Rp685 billion in 2012, primarily due to an increase in operating and maintenance expenses of Rp154 billion, or 37.4%, primarily resulting from an increase in project management expenses, expenses relating to the operation of buildings and land and electricity, gas and water expenses.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">B. &nbsp;&nbsp; LIQUIDITY AND CAPITAL RESOURCES</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The main source of our corporate liquidity is cash provided by operating activities and long-term debt through the capital markets as well as bank facilities through long-term and short-term loans. We divide our liquidity sources into internal and external liquidity.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">To fulfill our obligations we rely primarily on our internal liquidity. As at December 31, 2012, we had Rp13,118 billion in cash and cash equivalents available. In 2012, cash and cash equivalents increased Rp3,484 billion, or 36.2%. In 2012, the primary source of cash inflows were cash receipts from customers of Rp71,910 billion.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>We made net repayments of current indebtedness for borrowed money of Rp9,098 billion in 2010, Rp7,967 billion in 2011 and Rp5,843 billion (US$606 million) in 2012. Cash outflows in 2012 reflected payments for:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=symbol>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>Two-step loans and bank loans of Rp4,259 billion;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=symbol>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>Short-term bank loans of Rp654 billion; and </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face=symbol>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>Obligations under finance leases of Rp418 billion.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 4.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>Our internal liquidity strength reflected in our current ratio, which we calculate as current assets divided by current liabilities, increased from 96.4% as of December 31, 2011 to 116.0% as of December 31, 2012.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>Our primary external sources of liquidity are short and long-term bank loans, two step loans, bonds and notes payable. During the year 2012, we used external liquidity:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=SV face=symbol>-</FONT><FONT style="FONT-SIZE: 7pt" lang=SV face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>Two-step loans and bank loans of Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>3,936&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=NO-BOK face=Times> million</FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=SV face=symbol>-</FONT><FONT style="FONT-SIZE: 7pt" lang=SV face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>Short-term bank loans of Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>590&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=NO-BOK face=Times> million</FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=SV face=Times></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In 2013, we expect that our liquidity and capital resources requirements will consist of the following: requirements for ongoing working capital, payments for debt service requirements, taxes, capital expenditures for infrastructure, dividends, payments of contributions to our pension plans and post-retirement health care plan, potential acquisitions to augment our businesses and potential early retirement offers to targeted employees.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We expect that our cash inflows for 2013 will come from cash receipts from revenues, new bank loan facilities, if required, vendor financing and drawdowns on our existing bank loan facilities. As of December 31, 2012, we had </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">existing undrawn loan facilities in the amount of approximately Rp3,545 billion which includes the following sources of unused liquidity:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=SV face=symbol>-</FONT><FONT style="FONT-SIZE: 7pt" lang=SV face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>ABN Amro Bank facility in the amount of Rp1,925 billion;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=SV face=symbol>-</FONT><FONT style="FONT-SIZE: 7pt" lang=SV face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>Bank CIMB Niaga loan facility in the amount of Rp1,204 billion;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=SV face=symbol>-</FONT><FONT style="FONT-SIZE: 7pt" lang=SV face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>BRI loan facility in the amount of Rp214 billion;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=SV face=symbol>-</FONT><FONT style="FONT-SIZE: 7pt" lang=SV face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>BNI loan facility in the amount of Rp200 billion; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=SV face=symbol>-</FONT><FONT style="FONT-SIZE: 7pt" lang=SV face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>Syndicated&nbsp;loan facility&nbsp;of BNI, BRI and Bank Mandiri&nbsp;in the amount of Rp2.5 billion.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The following table sets out information concerning our consolidated cash flows, as set out in (and prepared on the same basis as) our Consolidated Financial Statements:</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Years Ended December 31,</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2010&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2011&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2012&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2012&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(Rp billion)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(Rp billion)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(Rp billion)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(US$ million)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Net cash flows:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>provided by operating activities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>27,725&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>30,462&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>27,941&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,898&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>used in investing activities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(16,484)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(14,414)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(11,311)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(1,173)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>used in financing activities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(9,820)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(15,539)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(13,314)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(1,381)</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Net increase in cash and cash equivalents</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,421&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>509&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>3,316&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>344&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Effect of exchange rate changes on cash and cash equivalents</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(106)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>5&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>168&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#000000>17&nbsp; </FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Cash and cash equivalents at beginning of year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>7,805&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,120&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,634&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#000000>1,000&nbsp; </FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Cash and cash equivalents at end of year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,120&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,634&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>13,118&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#000000>1,361&nbsp; </FONT></P></TD></TR></TABLE></DIV>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Year ended December 31, 2012 compared to year ended December 31, 2011</FONT></I></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Cash Flows from Operating Activities</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Net cash provided by operating activities in 2012 was Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=SV color=black face="Times New Roman">27,941 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> (US$</FONT><FONT style="FONT-SIZE: 10pt" lang=SV color=black face="Times New Roman">2,898&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> million) compared to Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=SV color=black face="Times New Roman">30,462&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> billion in 2011. The decrease was primarily due to an increase of Rp8,144 billion, or 31.9%, in cash payments for </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">expenses. This was partially offset by an increase of Rp4,441 billion, or 6.6%, in cash receipts from customers due to the increase</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> of our revenues.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Cash Flows from Investing Activities</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Net cash flows used in investing activities in 2012 was Rp11,311 billion (US$1,173 million) compared to Rp14,414 billion in 2011. This decrease was primarily due to an increase of Rp3,975 billion, or 12,045.5%&nbsp;in purchases of available for sale financial assets and a decrease of Rp4,884 billion, or 37.3%, in cash payments for the acquisition of property and equipment. This was partially offset by an increase of Rp1,862 billion or 14,323.1% in proceeds from insurance claims relating to unsuccessful launch of the Telkom-3 satellite.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Apart from cash on hand and cash in banks, we invest the majority of our excess cash from time to time in time deposits. Since May 14, 2004, we also have been investing a part of our excess cash in Rupiah-based mutual funds and other marketable securities. As of December 31, 2012, other current financial assets totaling Rp4,338 billion (US$450 million) in mutual funds and other marketable securities were outstanding.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Cash Flows from Financing Activities</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Net cash flows used in financing activities totaled Rp13,314 billion (US$1,381 million) in 2012 compared to Rp15,539 billion in 2011. This decrease by Rp2,225 billion, or 14.3%, was primarily due to a decrease of Rp3,075 billion, or 41.9%, in repayment of two-step loans and bank loans and a decrease of Rp315 billion, or 15.3% in payments for treasury stock. This was partially offset by an increase of Rp1,058 billion, or 17.4%, in cash dividends paid to our stockholders.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Year ended December 31, 2011 compared to year ended December 31, 2010</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Cash Flows from Operating Activities</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Net cash provided by operating activities in 2011 was Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=SV color=black face="Times New Roman">30,462 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> (US$</FONT><FONT style="FONT-SIZE: 10pt" lang=SV color=black face="Times New Roman">3,358&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> million) compared to Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=SV color=black face="Times New Roman">27,725&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> billion in 2010. Our higher operating cash flow was primarily due to: </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=black face=symbol>-</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">An increase of Rp2,936 billion, or 4.5%, in cash receipts from customers due to the increase of our revenues;</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=black face=symbol>-</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">A decrease of Rp484 billion, or 5.4%, in cash payments to employees; and</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=black face=symbol>-</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">A decrease of Rp470 billion, or 8.1%, in cash payments for income taxes.</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"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The above increase in operating cash flows was partially offset by:</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=black face=symbol>-</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">A decrease of Rp659 billion, or 100.0%, in cash receipts of claim for tax refund as no claim for tax refund occurred in 2011; and</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=black face=symbol>-</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">An increase of Rp612 billion, or 158.5%, in payments of cash refund to customers.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Cash Flows from Investing Activities</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Net cash flows used in investing activities in 2011 was Rp14,414 billion (US$1,590 million) compared to Rp16,484 billion in 2010. This was primarily due to a decrease of Rp1,813 billion, or 12.2%, in cash payments for the acquisition of property and equipment.</FONT></P>

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

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Apart from cash on hand and cash in banks, we invest the majority of our excess cash from time to time in time deposits. Since May 14, 2004, we also have been investing a part of our excess cash in Rupiah-based mutual funds and other marketable securities. As of December 31, 2011, other current financial assets totaling Rp373 billion (US$41 million) in mutual funds and other marketable securities were outstanding.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Cash Flows from Financing Activities</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Net cash flows used in financing activities in 2011 was Rp15,539 billion (US$1,713 million) compared to Rp9,820 billion in 2010. This was primarily due to: </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=black face=symbol>-</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">A decrease of Rp4,731 billion, or 56.9%, in cash receipts from the proceeds from loans and other borrowings, resulted from a decrease in cash receipts from the proceeds from two-step loans and bank loans by Rp2,146 billion, or 44.3% doubled with a decrease of Rp2,991 billion in cash receipts from the proceeds from bonds, as no bonds were issued in 2011; and</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=black face=symbol>-</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">An increase of Rp2,059 billion in cash payments for treasury stock, as no such purchases were made in 2010.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">This was partially offset by a decrease of Rp1,131 billion, or 12.4%, in cash payments for the repayments of loans and other borrowings, primarily due to a decrease of Rp1,382 billion, or 15.9%, in cash payments for the repayments of two-step loans and bank loans.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>Current Assets</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>As of December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>2012, our </FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>current assets were </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>27,973 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times> (US$</FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>2,901 million</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>) compared to Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>21,401 billion </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>as of December 31, 2011. The </FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>increase </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>in current assets was mainly due to the increase of Rp3,965 </FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>billion</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>, or 1,063.0% in other current financial assets and in cash and cash equivalents of Rp3,484 </FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>billion</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>, or 36.2%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 4.5pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black 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=black face="Times New Roman">This </FONT><FONT style="FONT-SIZE: 10pt" lang=SV color=black face="Times New Roman">increase </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">was partially offset by: </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=black face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">A decrease of Rp791 </FONT><FONT style="FONT-SIZE: 10pt" lang=SV color=black face="Times New Roman">billion</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, or 100.0% in asset held for sale when no assets held for sale recorded as of December 31, 2012; and </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=black face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">A decrease of Rp581 </FONT><FONT style="FONT-SIZE: 10pt" lang=SV color=black face="Times New Roman">billion</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, or 91.8% in prepaid income taxes.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>Current Liabilities</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>Current liabilities were </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>24,108 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times> (US$</FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>2,501 million</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>) a</FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>s of December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>2012 and Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>22,189 billion </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>a</FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>s of December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>2011. This </FONT><FONT style="FONT-SIZE: 10pt" lang=SV face=Times>increase&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times> was primarily due to: </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=black face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">An increase of Rp1,373 </FONT><FONT style="FONT-SIZE: 10pt" lang=SV color=black face="Times New Roman">billion</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, or 28.7% in accrued expenses, which mainly related to salaries and benefits of Rp591 billion and early retirement program of Rp699 billion; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=black face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">An increase of Rp551 billion, or 75.6% in current income tax liabilities. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 4.5pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black 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=black face="Times New Roman">This </FONT><FONT style="FONT-SIZE: 10pt" lang=SV color=black face="Times New Roman">increase was partially offset by a </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">decrease of Rp898 million, or 10.7% in trade and other payables, which mainly related to purchases of equipments, materials and services from third parties.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">Working Capital</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Net working capital, calculated as the difference between current assets and current liabilities, amounted to a deficit Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=SV face="Times New Roman">788&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> billion as of December 31, 2011 and surplus Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=SV face="Times New Roman">3,865&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> billion (US$</FONT><FONT style="FONT-SIZE: 10pt" lang=SV face="Times New Roman">400&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> million) as of December 31, 2012. The increase in net working capital was primarily due to:</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 face=symbol>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A substantial increase of </FONT><FONT style="LETTER-SPACING: 0.25pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Rp3,965&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> billion in other current financial assets (mainly available-for-sale financial assets);</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 face=symbol>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">An increase of </FONT><FONT style="LETTER-SPACING: 0.25pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">3,484 billion in cash and cash equivalents; and</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 face=symbol>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A decrease of </FONT><FONT style="LETTER-SPACING: 0.25pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">1,240 billion in trade payables from third parties.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">This was partially offset by:</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 face=symbol>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">An increase of </FONT><FONT style="LETTER-SPACING: 0.25pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Rp1,373&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> billion in accrued expense;</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 face=symbol>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">An increase of </FONT><FONT style="LETTER-SPACING: 0.25pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Rp808&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> billion in current maturities of long-term liabilities; and</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 face=symbol>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A decrease of </FONT><FONT style="LETTER-SPACING: 0.25pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">791 billion in asset held for sale.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We believe that our working capital is sufficient for our present requirements. We expect that our working capital will continue to be addressed by various funding sources, including cash from operating activities and bank loans. See &#8220;Liquidity and Capital Resources&#8221;.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">Capital Structure</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Our capital structure as of December 31, 2012 is described as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=SV color=black face="times new roman"></FONT></B>&nbsp;</P>

<DIV align=left>

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



<TR style="HEIGHT: 9.9pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 9.9pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=SV color=black 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; HEIGHT: 9.9pt; 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=SV color=black face="Times New Roman">Amount (Rp billion)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 9.9pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=SV color=black 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; HEIGHT: 9.9pt; 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=SV color=black face="Times New Roman">Portion (%)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=SV color=black face="Times New Roman">Short Term</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">37&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=SV color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">0.1&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=SV color=black face="Times New Roman">Long Term</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">19,238&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=SV color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">29.1&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=SV color=black face="Times New Roman">Debt</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">19,275&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=SV color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">29.2&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=SV color=black face="Times New Roman">Equity</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">46,700&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=SV color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">70.8&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=SV color=black face="Times New Roman">Total Invested Capital</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">65,975&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=SV color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">100.0&nbsp;</FONT></P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center">- 71 -</P>

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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We take a qualitative approach towards our capital structure and debt levels. Under our syndicated loan agreement with BNI and BRI dated June 16, 2009, we are required to maintain a debt to equity ratio of not more than 2.0 and debt service coverage ratio of more than 1.25. As of December 31, 2012, our debt to equity ratio was 0.4 and our debt service coverage ratio was 4.2, indicating our strong ability to meet our debt obligations. Our debt levels are primarily driven by our plans to develop our existing and new strategic businesses. In determining our optimum debt levels, we also consider our debt ratios with reference to regional peers in the telecommunications industry.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Indebtedness</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Consolidated total indebtedness (consisting of long-term liabilities, current maturities of long-term liabilities, short-term bank loans and deferred consideration for business combinations) as of December 31, 2010, 2011 and 2012 were as follows:</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

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



<TR style="HEIGHT: 2.15pt">

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black><SUP></SUP></FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="65%" colSpan=7>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>As of December 31,</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black><SUP></SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2010&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2011&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2012&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2012&nbsp;</FONT></B></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black><SUP></SUP></FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(Rp billion)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(Rp billion)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(Rp billion)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(US$ million)</FONT></B></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Indonesian Rupiah<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>17,667&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>14,142&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>16,192&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,680&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">US Dollar<SUP>(1)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>3,147&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,561&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,052&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>213&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Japanese Yen<SUP>(2)</SUP></FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,191&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,168&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,031&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>107&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Total<SUP> </SUP></FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>22,015&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>17,871&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,275&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,000&nbsp;</FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

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



<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" face="Times New Roman">(1) The amounts as of December 31, 2010, 2011 and 2012 translated into Rupiah at Rp9,015, Rp9,075 and Rp9,645 = US$1, respectively, being the Reuters sell rates for US Dollar at each of those dates.</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" face="Times New Roman">(2) The amounts as of December 31, 2010, 2011 and 2012 translated into Rupiah at Rp110.8, Rp117.0 and Rp111.8 = Yen 1, respectively, being the Reuters sell rates for Yen at each of those dates.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Of our total indebtedness, as of December 31, 2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=black face="Times New Roman">Rp5,658&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">billion, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=black face="Times New Roman">R</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">p</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=black face="Times New Roman">8,116&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">billion and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=black face="Times New Roman">Rp1,758&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">billion were scheduled for repayment in 2013, 2014 to 2015 and 2016 to 2017, and thereafter, respectively. For further information on our Company&#8217;s indebtedness, see Notes 17-18 to our Consolidated Financial Statements.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face="Times New Roman">Capital Expenditures</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In 2012, we incurred capital expenditures of Rp17,272 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">billion&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> (US$1,792 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">million</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">), less than the originally budgeted Rp19,863 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">billion</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">This </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">decrease </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">was mainly due to the delay of our SCCS development projects. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our capital expenditures are grouped into the following categories for planning purposes:</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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Broadband services</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, which consist of broadband, IT, application and content and service node; </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 face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Network infrastructure</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, which consists of core transmission network, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">m</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">etro-</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">e</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">thernet and Regional Metro Junction (</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">RMJ</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&#8221;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">), </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">IP&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> backbone and satellite;&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">&nbsp;</FONT></P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Optimizing legacy, which consists of fixed wireless and fixed wireline</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">; and</FONT></P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Capex supports</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">.&nbsp;</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Of our&nbsp;Rp17,272 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">billion&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> capital expenditure in 2012,&nbsp;Telkom (as parent company) incurred capital expenditures of Rp4,040 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">billion (US$419 million)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, Telkomsel incurred capital expenditures of Rp10,656 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">billion&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> (US$1,106 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">million</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">) and our other subsidiaries incurred capital expenditures of Rp2,576 b</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">illion&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> (US$267 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">million</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">) as follows: </FONT></P>

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

<DIV align=left>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Table of realization of our capital expenditure</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT face="Times New Roman"></FONT></B>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT face="Times New Roman"></FONT></B>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT face="Times New Roman"></FONT></B>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT face="Times New Roman"></FONT></B>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&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=black face="Times New Roman">Years Ended December 31, </FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">2009&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&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=black face="Times New Roman">2010&nbsp;</FONT></B></P></TD>

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">2011&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">2012&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">(Rp billion)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">(Rp billion)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">(Rp billion)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">(Rp billion)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Telkom (Parent Company)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Broadband Services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,312&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,313&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,875&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,662&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Network Infrastructure</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2,208&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,861&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,979&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2,060&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Optimizing Legacy</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,913&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">264&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">156&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">86&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Support</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">219&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=black 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">185&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=black 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">192&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=black 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">232&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Subtotal for Telkom (Parent Company)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">5,652&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">3,623&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">4,202&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">4,040&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Subsidiaries</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Telkomsel</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">12,673&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">8,197&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">8,472&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">10,656&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Others</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">836&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=black 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">831&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=black 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,929&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=black 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2,576&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Subtotal for Subsidiaries</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">13,509&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">9,028&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">10,401&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">13,232&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Total for Telkom Group</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">19,161&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">12,651&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">14,603&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">17,272&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">&nbsp;</P></DIV>

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

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Material Commitments for Capital Expenditures</FONT></I></B></FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Purpose of the Commitment </FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2012, we had material commitments for capital expenditures under certain contractual arrangements of Rp10,355 billion, principally relating to procurement and installation of switching equipment, transmission equipment </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">and cable network. These include, among others, broadband access development with MSAN platform, GPON project, metro Ethernet expansion project, Mataram-Kupang Palapa Ring project, Sumatra-Bangka SCCS project, Tarakan-Tanjung Selor SCCS project, Jakarta-Bangka-Batam-Singapura SCCS project and Luwuk-Tutuyan SCCS project.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our subsidiary, Telkomsel, has material commitments for capital expenditures related, among others, to the construction of combined 2G and 3G core network as well as maintenance and procurement of equipment and related services for Next Generation Convergence, IP RAN Rollout and Technical Support. In addition, TelkomProperty and Mitratel also have material commitment for capital expenditures, each related to construction of Telkom Landmark Tower building and telecommunication towers.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">For more detailed discussion regarding our material commitments for capital expenditures, see Note 37a to our Consolidated Financial Statements.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Source of Funds</FONT></I></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">We have historically funded our capital expenditures primarily with cash generated from operations. In 2013, we have budgeted capital expenditure of approximately Rp27.2 trillion, significantly higher than in 2012. We expect that of the total budgeted increase in capital expenditure for 2013 over 2012, a significant proportion of the increase will be allocated to broadband services, with a portion of the increase allocated to subsidiaries. We expect to still fund a majority of our capital expenditure requirements in 2013 with cash generated from operations, but we may consider alternative funding arrangements as well.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Actual future capital expenditures may differ from the amounts indicated above due to various factors, including but not limited to the Indonesian economy, the Rupiah/US Dollar and Rupiah/Euro exchange rates and other applicable foreign exchange rates, the availability of vendor or other financing on terms acceptable to us, technical or other problems in obtaining or installing equipment and whether we enter any new lines of business.</FONT><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman"> &nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face="Times New Roman">Critical Accounting Policies, Estimates and Judgments</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">For a complete discussion of our critical accounting policies, estimates and judgments, see Note 2 to our Consolidated Financial Statements.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">New Standards and Interpretations </FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">See Note 43 to our Consolidated Financial Statements for a discussion of the new standards, amendments to standards and interpretations not yet effective for the year ended December 31, 2012</FONT><FONT style="FONT-SIZE: 12pt" lang=EN-US face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">and have not been applied in preparing the Consolidated Financial Statements.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face="Times New Roman">C. &nbsp;&nbsp; RESEARCH AND DEVELOPMENT, PATENTS AND LICENSES, ETC.</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We routinely make investments in order to improve products and services. The investment amount reached around Rp8 billion, Rp13 billion and Rp13 billion (US$1 million), respectively, in 2010, 2011 and 2012. In 2012, investments were made related to research and development programs in support of the implementation of Mobile Broadband, Home </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Network, Device, Machine to Machine, and Cloud Computing, in aspects of business, service and product, as well as in telecommunication network infrastructure. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In term of business, service &amp; product, the research and development programs included Mobile Advertising center, Appstore, Smart Home (Home Monitoring, Telemetering, Wireless Sensor Network, Smart Home Over Power Line), Mobile Payment, Data center, E-tourism, Games, Intelligent Car, Map-based Social Media Platform, E-learning Content Enrichment, Telkom Game Center, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">over the top</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">TV, SmartTV, Speedy Monitoring, Smart Home over Power Line, Smart Device 4GLTE, Business Signalling, TENOSS and TCEM. In terms of telecommunication network infrastructure, we engaged in research and development programs related to NGN, IMS, Service Broker, 100G, QoS Transport Supercore, Any Wire, GPON/10GPON, Wi-Fi, Femtocell, QoS EVDO, GPS and IPv6. </FONT></P>

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

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">D. &nbsp;&nbsp; TREND INFORMATION</FONT></B><B><FONT style="LETTER-SPACING: 0.3pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> &nbsp;</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LETTER-SPACING: 0.3pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The significant trends, or developments that have had in recent years, and may have in the future, a material impact on our results of operations, financial condition and capital expenditures, include: (i) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">an increase in </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">cellular telephone revenues with </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">increase</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> in </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">subscribers, minutes of use </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">declining ARPU, (ii) an increase in revenues from data, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">i</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">nternet and information technology services revenues, and (iii) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">a </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">de</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">crease&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> in fixed lines telephone revenues. See &#8220;Operating Results&#8221;.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We believe favorable external factors, among others, will support our ability to continue to drive revenue growth from data, Internet and information technology services as well as from mobile phone services. Indonesia's economy recorded a relatively robust growth in recent years even with a sluggish global economy. With good economic fundamentals, Indonesia&#8217;s national economy is expected to continue to grow steadily over the next couple of years, with a corresponding increase in consumer purchasing power, which in turn is expected to result in higher demand for </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">telecommunications services, for both basic telecommunications services as well as the more sophisticated value-added services that are part of the increasingly prevalent digital lifestyle in modern societies. </FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In the longer term, Indonesia&#8217;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> economy is also expected to enjoy support from Government initiatives such as the Master Plan for the Acceleration and Expansion of Indonesia&#8217;s Economic Development, which was launched in 2011. One of the three pillars of such master plan is development of national connectivity, including development of the information and communication technology sector. This is in line with our IDN program and our strategic initiative on the development of our Nusantara Superhighway project (i.e. the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Palapa&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> ring project</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> known as id-Ring</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">), an optical-based network of six interconnected rings which links Indonesia&#8217;s main island groups, namely the Sumatra ring, the Java ring, the Kalimantan ring, the Sulawesi ring, the Bali and Nusa Tenggara ring and the Maluku and Papua ring. We expect that the development of this extensive telecommunication network connecting all the six major economic corridors will allow us to offer more value-added services, and to reach more customers in a much larger scale, as well as provide opportunities for our products and services in the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">IMES&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> areas. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">We </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">believe&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">shift in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">consumer preferences towards a digital lifestyle </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">will be a</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> key factor that we expect </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">will&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> drive our business next year. We believe this will lead to continuing increase in broadband demand (including mobile broadband), compensating </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">the decline of our legacy business (both fixed wireline and cellular telephone revenue and SMS revenue). We </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">expect the</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> increase </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">in demand for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">data communications and corporate internet to continue next year as we increase our capacity to cover more small and medium enterprises.</FONT></P>

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<P style="MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">E. &nbsp;&nbsp; OFF-BALANCE SHEET ARRANGEMENTS</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our contingencies are described in Note 38 to our Consolidated Financial Statements and our commitments are described in Note 37 to our Consolidated Financial Statements and summarized in the table of contractual obligations below. Other than the above, as of December 31, 2012, we had no off-balance sheet arrangements that were reasonably likely to have a current or future material effect on our financial position, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">F. &nbsp;&nbsp; TABULAR DISCLOSURE OF CONTRACTUAL OBLIGATIONS</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The following table sets forth information on certain of our material contractual obligations as of December 31, 2012.</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>By Payment Due Dates </FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>Total </FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>Less than 1 year </FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>1-3 years </FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>3-5 years </FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>More than 5 years </FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>Contractual Obligations</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>(Rp billion)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>(Rp billion)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>(Rp billion)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>(Rp billion)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>(Rp billion)</FONT></B></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Short-Term Loans<SUP>(1)(6)</SUP></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>37&nbsp;</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>37&nbsp;</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>-&nbsp;</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>-&nbsp;</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>-&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Long-Term Debts<SUP>(2)(6)</SUP></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>16,914&nbsp;</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>5,111&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>7,450&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>1,285&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>3,068&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Capital Lease Obligations<SUP>(3)</SUP></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>2,324&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>510&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>666&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>473&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>675&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="39%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Interest on Short-term Loans, Long-term Debts and Capital Lease Obligations<SUP>(7)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>848&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>142&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>280&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>215&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>211&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="39%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Operating Leases<SUP>(4)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>13,829&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>2,017&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>3,518&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>3,099&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>5,195&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="39%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Unconditional Purchase Obligations<SUP>(5)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>10,355&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>10,355&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>-&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="39%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Total<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>44,307&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>18,172&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>11,914&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>5,072&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>9,149&nbsp;</FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

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

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



<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: 96%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(1)&nbsp;&nbsp;Related to liabilities under short-term loans obtained from Bank Ekonomi and Bank CIMB Niaga. See Note 17 to our Consolidated Financial Statements.</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(2)&nbsp; See Note 18 to our Consolidated Financial Statements.</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: 96%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(3)&nbsp; Related to the leases of the transmission installation and equipment, vehicles and processing equipment and office equipment for our telecommunication networks for Telkom Flexi and CPE.</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(4)&nbsp; Related primarily to leases of leased line, telecommunicatio<FONT style="FONT-SIZE: 8pt" face="Times New Roman">n</FONT> equipment and land and building.</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: 96%; FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(5)&nbsp; Capital expenditures committed under contractual arrangements.</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(6)&nbsp; Excludes the related contractually committed interest obligations.</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(7)&nbsp;&nbsp;See Item 3 &#8220;Key Information &#8211; Risk Factors &#8211; Risks Related to Our Business &#8211; Financial Risks &#8211; We are exposed to interest rate risk&#8221;.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 9pt" lang=EN-GB color=black face="Times New Roman"></FONT>&nbsp;</P>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt">See Note 37 to our Consolidated Financial Statements&nbsp;for further details on our contractual commitments. In addition to the above contractual obligations, as of December 31, 2012, we had long-term liabilities for pension, post-employment health care benefits and long service awards. In 2012 we contributed Rp300 billion to our post-employment health care benefits and to our defined benefit pension plan Rp186 billion. See Note 32 to our Consolidated Financial Statements.</FONT></DIV>

<P style="MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">G. &nbsp;&nbsp; SAFE HARBOR</FONT></B></P>

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<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">All information that is not historical in nature disclosed under &#8220;Off-Balance Sheet Arrangements&#8221; and </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&#8220;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Tabular Disclosure of Contractual Obligations&#8221; is deemed to be a forward-looking statement. See &#8220;Forward-Looking Statements". </FONT></DIV>

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

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITEM 6. <A name="DSME"></A>DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A. &nbsp;&nbsp; DIRECTORS AND SENIOR MANAGEMENT</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In accordance with Indonesian law, we have a Board of Commissioners and a Board of Directors. These boards are separate, and no individual may be a member of both boards. The members of the Board of Commissioners and Board of Directors are elected, and dismissed by shareholders&#8217; resolutions at a GMS. As stated in the Articles of Association, to be elected, candidates must be nominated by the Government as holder of the Series A Dwiwarna share. The term of office for each Commissioner and Director is five years from the date of his/her election, unless the date of expiration of the term of office falls on a day other than a business day, in which case such term of office shall expire on the following business day. Shareholders, through an AGMS or an EGMS, have the right to discharge a Commissioner or Director at any time before the expiration of his/her term of office.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Board of Commissioners is responsible for supervising and providing advice to the Board of Directors. The Board of Commissioners consists of five members, one of whom is designated the President Commissioner. In accordance with OJK regulations and&nbsp;IDX rules which require 30% of&nbsp;our Board of Commissioners to be independent,&nbsp;the following&nbsp;Commissioners have been designated as our&nbsp;Independent Commissioners: Johnny Swandi Sjam and Virano Gazi Nasution. The principal duty of&nbsp;such Independent Commissioners, in addition to exercising supervision, is to represent the interests of the minority shareholders. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2012, the Board of Commissioners consisted of five members as listed below:</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face="Times New Roman">Name</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face="Times New Roman">Age</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face="Times New Roman">Commissioner Since</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" face="Times New Roman">Position</FONT></B></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="Times New Roman">Jusman Syafii Djamal</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">58</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="Times New Roman">President Commissioner</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">50</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="Times New Roman">Commissioner</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="Times New Roman">Johnny Swandi Sjam</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="Times New Roman">Independent Commissioner</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="Times New Roman">Virano Gazi Nasution</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" color=black face="Times New Roman">44</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 9pt" face="Times New Roman">2012</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" face="Times New Roman">Independent Commissioner</FONT></P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">Jusman Syafii Djamal</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Jusman Syafii Djamal has served as </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">our </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">President Commissioner since January 1, 2011. Currently, he also serves as President Commissioner (Independent) at PT Cardig Aero Services Tbk, as President Commissioner (Independent) at PT Toba Bara Sejahtera</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> Tbk.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, as </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">President </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Commissioner (Independent) at PT </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Mandala Airline</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Tbk, and as Chairman at Matsushita Gobel Foundation. Since May 20, 2011, he is by appointment of the President of the Republic of Indonesia, a member of the National Innovation Committee (a think tank of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">President of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Republic Indonesia on Innovation Policy). Previously, Mr. Djamal was the Minister of Transportation for the &#8220;Indonesia Bersatu Pertama&#8221; cabinet (2007-2009) and concurrently a member of the National Transportation Safety and Security Evaluation Team (2007) founded to evaluate and find the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">root causes</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&#8221;&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> of accidents in Shipping/Marine, Railways and Highways transportation. He has vast experience in aircraft industry management due to exposures to a variety of strategic positions; as the President Director of PT Dirgantara Indonesia (2000-2002), as Director of Human Resources of PT IPTN (1999-2000), as Director of Helicopters, Defense Technology and Satellite (1996-1999), as Chairman of PT IPTN&#8217;s Restructuring Program Implementation team (1998-2001), and as Chief Project Engineer for N250 Development &amp; Constructional Design (1989-1995). As a professional </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">a</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">erodynamics </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">e</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">ngineer with twenty year</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">s of</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> experience in Computational Aerodynamics and Configuration Development, he holds, an Intellectual Property Right Patent No. ID 0 021 669 for electronic-based Flight Control Systems issued on August 15, 2008 together with the late Bambang Pamungkas. H</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">e was awarded the</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Nararya Dedicational Award from the Republic of Indonesia on August 17, 1995. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">He is&nbsp;co-a</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">uthor of Grand Techno Economic Strategy-</FONT><I><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Siasat Memicu Produktivitas</FONT></I><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> (Mizan Publishers, 2009). He earned his Bachelor of Mechanical Engineering in Aeronautical Engineering from Institut Teknologi Bandung (1983).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Hadiyanto</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Hadiyanto has served as </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Commissioner since May 11, 2012. Currently, he also serves as Director General of State Treasury at the Ministry of Finance of the Republic of Indonesia. He has assumed, among other positions, Head of the Legal Bureau, Secretariat General of the Ministry of Finance and was the Alternate Executive Director at the World Bank, Washington D.C., US. He was the President Commissioner of PT Garuda Indonesia Tbk (2007-2012) and President Commissioner of PT Bank Export Indonesia (2007-2009). He holds a Bachelor</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&#8217;s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> degree in Law from the University of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Padjadjaran, Bandung, a Master of Law Degree (LLM) from Harvard University Law School, USA, and a PhD. in Law from the University of Padjadjaran, Bandung.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Parikesit Suprapto</FONT></I></B></P>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Parikesit Suprapto has served as </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Commissioner since May 11, 2012. Previously he was the Deputy of Business Services at the<STRONG> </STRONG></FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Ministry of SOE (2010-2012), Deputy Head of Banking and Finance Industry at the Ministry of SOE (2008-2010) and Advisor to the Minister of&nbsp;SOE for Small Business Sector (2006-2008). He was a Commissioner of PT Indosat Tbk. (2011-2012) and a Commissioner of PT Bank Negara Indonesia (Persero) Tbk. He earned a Bachelor</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&#8217;s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> degree in Corporate Economics from Sekolah Tinggi Manajemen Industri, Jakarta (1980), a Master</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&#8217;s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> degree in Economic Development from Indiana University, Indiana, USA (1990) and a PhD degree in Development </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Economics </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">from the University of Notre Dame, Indiana, USA (1995).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">Johnny Swandi Sjam</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">Johnny Swandi Sjam has served as </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">our </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">Independent Commissioner since January 1, 2011. Currently he is also the Chairman of the Standing Committee on Infrastructure and Telecommunications Services at the Indonesian Chamber of Commerce and Industry (</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">KADIN</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">&#8221;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">). He previously served, among other positions, as a Commissioner at PT Inti Limited (2010-2011), the President Director of PT Indosat Tbk</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">.&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> (2007-2009), the Director of PT Indosat Tbk</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">.&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> (2005-2007), the President Director of Satelindo (2002-2003), and several other important positions at subsidiaries of Indosat like Satelindo, Sisindosat and Intikom (1997-2002). He holds a Diploma III in Computer Engineering from Bandung Institute of Technology, a Diploma IV from Sekolah Tinggi Manajemen Industri of the Department of Industry of Indonesia, a Bachelor</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">&#8217;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">s degree in Informatics Management from Gunadarma University, Jakarta, and a Master</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">&#8217;s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> degree in Business Policy and Administration from the University of Indonesia, Jakarta.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Virano Gazi Nasution</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Virano Gazi Nasution has served as </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">our </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Independent Commissioner since May 11, 2012. He was previously the Commercial Director of PT Indonesia Comnet Plus, a subsidiary of PT PLN (Persero) (2009-2012), Advisor to the Minister of Communications and Informatics (2008-2009), and the President Director of PT Bakrie Telecom Tbk</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">.&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> (2001-2005). He earned his Master of Science degree in Engineering Economics from Stanford University, USA.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our Board of Commissioners is assisted by a Board Secretary whose main function is to ensure that while performing&nbsp;their tasks, the Board of Commissioners has complied with our Articles of Association as well as applicable laws and regulations. The Board of Commissioners&#8217; office address is Grha Citra Caraka Building, 5<SUP>th</SUP> Floor, Jl. Gatot Subroto Kav.52, Jakarta</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">12710, Indonesia.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our Board of Directors is responsible for our overall management and day-to-day operations under the supervision of the Board of Commissioners. The Board of Directors consists of eight members, including&nbsp;a President Director. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As December 31, 2012, the Board of Directors consisted of eight members as listed below:</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Name</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Age</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Director Since</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Position</FONT></B></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Arief Yahya</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">51</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2012</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">President Director (CEO)</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Honesti Basyir</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">44</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2012</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Director of Finance (CFO)</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Indra Utoyo</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">51</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2007</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Director of IT Solution &amp; Strategic Portfolio</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Sukardi Silalahi</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">47</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2012</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Director of Consumer</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Muhammad Awaluddin</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">45</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2012</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Director of Enterprise &amp; Wholesale</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Rizkan Chandra</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">44</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2012</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Director of Network &amp; Solution</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Priyantono Rudito</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">43</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2012</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Director of Human Capital &amp; General Affairs</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Ririek Adriansyah</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">49</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2012</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Director of Compliance &amp; Risk Management</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 13.5pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Arief Yahya </FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Arief Yahya</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> has served </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">as </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> President Director since May 11, 2012. Concurrently</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, he also</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> serves as President Commissioner of Telkomsel, a subsidiary of Telkom. Prior to his appointment as President Director, he led a career with Telkom in various positions, including as Director of Enterprise &amp; Wholesale (2005-2012), Head of Regional Division V East Java (2004-2005) and Head of Regional Division VI Kalimantan (2003-2004). He holds a Bachelor&#8217;s degree in Electrical Engineering from Institut Teknologi Bandung (1986) and a Master&#8217;s degree in Telematics from University of Surrey, UK (1994).</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Honesti Basyir </FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Honesti Basyir </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">has served</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> as </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">our </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Director of Finance since May 11, 2012. Prior to his appointment as Director of Finance, he has held a number of key positions with Telkom, including Vice President (&#8220;VP&#8221;) </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Strategic Business Development at ITSS Directorate (2012); VP</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> for</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Strategic Business Development at SICP (2010-2012); Project Controller of Project Management Office (2009-2010) and Assistan</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">t&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Vice President (&#8220;AVP&#8221;) </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Business &amp; Finance Analysis (2006-2009). He holds a Bachelor&#8217;s degree in Industrial Technology from Institut Teknologi Bandung (1992) and a Master&#8217;s degree in Corporate Finance from Sekolah Tinggi Manajemen Bandung (2004). </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT><FONT><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT></FONT>&nbsp;</P></DIV>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Indra Utoyo </FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Indra Utoyo </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">has served</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> as </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Director of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">IT&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Solution &amp; Strategic Portfolio (&#8220;ITSSP&#8221;) since February 28, 2007</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">He joined</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Telkom </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">in&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> 1986 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">and has held</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> a variety of positions</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. P</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">rior to his appointment as Director of ITSSP he served as Director of Information Technology Solution &amp; Supply (2007-2012). He holds a Bachelor&#8217;s degree in Electrical Engineering from Institut Teknologi Bandung (1985) and a Master&#8217;s degree in Communication &amp; Signal Processing from Imperial College, U</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">K&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> (1994). </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=#003c7e face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Sukardi Silalahi </FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Sukardi Silalahi </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">has served</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> as </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Director of Consumer since May 11, 2012. Has </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">joined&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Telkom </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">in&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> 1991 and, prior to his appointment as Director of Consumer, he served </FONT><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">in a variety of positions, including</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Executive General Manager (&#8220;EGM&#8221;) of Eastern Consumer Service Division (2011-2012); Deputy EGM of Western Consumer Service Division (2010-2011); EGM of Regional Division VI Kalimantan (2008-2010) and Deputy EGM of Fixed Wireless Network Division (2007-2008). He holds a Bachelor&#8217;s degree in Civil Engineering from Institut Teknologi Bandung (1989). </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Muhammad Awaluddin </FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Muhammad Awaluddin has served</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> as </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> Director of Enterprise &amp; Wholesale (&#8220;EWS&#8221;) since May 11, 2012. Concurrently</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">, he</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> also serves as President Commissioner of Infomedia, an indirect subsidiary of Telkom. Prior to his appointment as Director of EWS, he served, among other</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> position</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">s, as President Director of Infomedia (2010-2012); EGM of Access Network Division, Telkom (2010) and EGM of Regional Division I Sumatra, Telkom (2007-2010). He holds a Bachelor&#8217;s degree in Electrical Engineering from Universitas Sriwijaya, Palembang (1990) and a Master&#8217;s degree in Business Administration from the European University, Antwerp, Belgium (1998). </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face="times new roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Rizkan Chandra </FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Rizkan Chandra has served</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> as </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Director of Network &amp; Solution (&#8220;NS&#8221;) since May 11, 2012. Concurrently</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, he</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> also serves as Commissioner </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Telkomsel, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">a subsidiary of Telkom, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">and as Commissioner at Metranet, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">an&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> indirect subsidiary</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> of Telkom</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">. Prior to his appointment as Director of NS, among other positions, he served as President Director of Sigma, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> indirect subsidiary (2010-2012); Senior General Manager (&#8220;SGM&#8221;) of Telkom Learning Center (2008-2010) and VP </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Infrastructure &amp; Service Planning, Telkom (2007-2008). He holds a Bachelor&#8217;s degree in Informatics from Institut Teknologi Bandung (1992) and a Master&#8217;s degree in Management of Technology from </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">National University of Singapore (2000). </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN face="times new roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">Priyantono Rudito </FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">Priyantono Rudito </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">has served</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> as </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> Director of Human </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">C</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">apital &amp; General Affairs (&#8220;HCGA&#8221;) since May 11, 2012. Concurrently</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">, he</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> also serves as Commissioner of Telkomsel, a subsidiary of Telkom. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Since he joined</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> Telkom </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">in&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> 1991, he has served in a number of positions, including as VP </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">Corporate Strategic Planning (2011-2012) and VP</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> for</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> Marketing &amp; Consumer Care (2007-2011). He holds a Bachelor&#8217;s degree in Industrial Engineering from Institut Teknologi Bandung </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">(1991)&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> and</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> a Master&#8217;s degree in Business (Marketing) </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">(1997) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">and a Doctoral degree in Management (2011) from </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">Royal Melbourne Institute of Technology, Australia. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Ririek Adriansyah </FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Ririek Adriansyah </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">has served</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> as </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">our </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Director of Compliance &amp; Risk Management (&#8220;CRM&#8221;) since May 11, 2012. Concurrently</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, he also</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> serves as President Commissioner of Tel</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">in</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, a subsidiary of Telkom. He </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">joined&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Telkom </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">in&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> 1990 and, prior to his appointment as Director of CRM, served as, among other</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> position</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">s, President Director of Telin, a subsidiary of Telkom (2011-</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2012</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">); Director of Marketing &amp; Sales, Telin (2010-2011); Director of International Carrier Service, Telin (2008-2010) and Deputy EGM of Infratel Division, Telkom (2004-2008). He holds a Bachelor&#8217;s degree in Electrical Engineering from Institut Teknologi Bandung (1989).</FONT></P>

<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">B.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">COMPENSATION&nbsp;</FONT></B></P>

<P style="PAGE-BREAK-AFTER: avoid; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0pt 0.5in">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Compensation of Commissioners and Directors</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Each Commissioner is entitled to monthly remuneration and benefits. They are also entitled to bonuses based on our business performance and achievements, which amount is determined by shareholders at the GMS. Commissioners are also entitled to a lump sum allowance upon resignation.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Each Director is entitled to a remuneration consisting of a monthly salary and other allowances (including pension benefits). Directors also receive an annual bonus based on our business performance and achievements, which amount is determined by shareholders at the GMS. The bonus and incentive are budgeted every year based on recommendations of the Directors and confirmation from Board of Commissioners before being considered by shareholders at the GMS.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Nomination and Remuneration Committee is responsible for formulating the Commissioners&#8217; and Directors&#8217; salaries, which is further discussed in a joint meeting of our Board of Directors and Board of Commissioners for approval. The agreed formula is then submitted to the shareholders at the AGMS for consideration and approval. </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT><FONT><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT></FONT>&nbsp;</P></DIV>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The procedure for determining remuneration of our Board of Commissioners is as follows:</FONT></P>

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

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=timesnewroman>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Board of Commissioners requests the Nomination and Remuneration Committee to formulate a proposal for the remuneration of the Board of Commissioners; </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 face=timesnewroman>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Nomination and Remuneration Committee requests an independent party to formulate the framework for the remuneration of the Board of Commissioners;</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 face=timesnewroman>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Nomination and Remuneration Committee proposes the remuneration framework to the Board of Commissioners;</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 face=timesnewroman>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Board of Commissioners proposes the remuneration for the members of the Board of Commissioners to the GMS; and</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 face=timesnewroman>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The GMS determines the remuneration for the members of the Board of Commissioners.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Bonus and incentives are budgeted every year based on recommendations of the Board of Directors and confirmation from the Board of Commissioners before being considered by the shareholders at the AGMS. The Nomination and Remuneration Committee is responsible for formulating proposed formulae for the salaries of the Board of Directors&#8217; which are further discussed during a joint meeting Board of Directors and Board of Commissioners for approval. The approved formula is then proposed in GMS for final approval. The performance of the Board of Directors and other management is measured through effective performance evaluations, which are conducted comprehensively, systematically and periodically in accordance with a decree of the Board of Commissioners. The criteria used in the assessment on the performance of Board of Directors is based on the balanced scorecard method measuring four main aspects, namely Financial, Customer, Internal Business Process, and Learning and Growth, each comprising three key performance indicators (&#8220;KPI&#8221;)</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">:&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> Shared KPI, Common KPI and Specific KPI. Shared KPIs are the same in name, target, realization and achievement for all the Board of Directors. Common KPIs have the same name and target, but specify different realization and achievement for each of the Directors. Specific KPIs are different for each of the Directors and represent specific programs as the primary duty and priority for each of the Directors and its Directorate. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The net amount of remuneration paid to our Commissioners and Directors for the year ended December 31, 2012, including basic compensation (honorarium), bonus and other incentives, was Rp125 billion (US$13 million). There is no management pension plans or contingent compensation in place. </FONT></P>

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

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our Board of Commissioners acts as our overall supervisory and monitoring body with principal functions including planning and development, operations and budgeting in compliance with our Articles of Association, and to carry out the mandate and resolutions of the AGMS and EGMS. The Board of Commissioners does not have the authority to run or manage our Company, except in the exceptional situation of all members of the Board of Directors having been suspended for any reason. The Board of Commissioners provides advice and opinions to the AGMS with respect to </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">financial reporting, business development, appointment of auditors, and other important and strategic matters related to corporate actions. The Board of Commissioners also reviews our work plan and budget, keeps abreast of our progress, and in case our Company gives an indication of slowing-down, immediately requests the Board of Directors to notify the shareholders and provides recommendations on measures for mitigation. Finally, the Board of Commissioners ensures that our corporate governance program is properly applied and maintained according to the applicable regulations. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT size=2></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Board of Commissioners is obliged to carry out its duties and responsibilities according to our Articles of Association, decisions from the AGMS and EGMS and applicable laws and regulations. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Board of Commissioners is assisted by a Board of Commissioners Secretary as well as the Audit Committee, the Nomination and Remuneration Committee and the Planning and Risk Evaluation and Monitoring Committee. As necessary, the Board of Commissioners seeks assistance from professional advisors.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Meetings of the Board of Commissioners are held at least once a month at any time deemed necessary by one or more members of the Board of Commissioners, or at the written request of one or more shareholders holding at least one-tenth of our outstanding shares of common stock. Decisions at Board of Commissioners meetings are taken through a process of deliberation and consensus. If a consensus cannot be reached, decisions are based on a majority vote of the Commissioners in attendance or who are represented at the meeting. In the event of a tie, the proposal in question must be rejected. The quorum for all Board of Commissioners meetings is more than one-half of the total number of Commissioners then represented in person or by proxy granted to another Commissioner at such meeting.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our Board of Directors is generally responsible for managing our business in accordance with applicable laws, our Articles of Association and the policies and directives issued by the GMS and the Board of Commissioners. The Board of Directors also has the right to act for and on our&nbsp;behalf, inside or outside a court of law, on any matter and for any event, with another party. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Meetings of the Board of Directors may be convened at any time deemed necessary at the request of one or more members of the Board of Directors, at the request of the Board of Directors or upon a written request from one or more shareholders representing one-tenth or more of the total number of outstanding shares of common stock. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Meetings of the Board of Directors are chaired by the President Director. In the event that the President Director is unavailable or absent for any reason, the meeting will be chaired by a member of the Board of Directors appointed in the meeting.</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The decisions of the Board of Directors meetings shall be reached by consensus through deliberation. If this method fails, the decision shall be passed by voting based on the majority votes by Board of Director members cast in the meeting. A quorum is reached at a meeting where more than half of the members of the Board of Directors are present or represented legally by proxy in the meeting. Each member of the Board of Directors who is present at the meeting shall be entitled to cast one vote (and one vote for each other member of the Board of Directors whom he represents). </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Individual Directors are charged with specific responsibilities. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Audit Committee operates under the authority of the Audit Committee Charter, which was&nbsp;promulgated by a Decree of the Board of Commissioners. The Audit Committee Charter is regularly evaluated and, if necessary, amended to ensure compliance with OJK and SEC requirements and other relevant regulations. The Audit Committee charter was stipulated by the Board of Commissioners&#8217; Decree No.11/KEP/DK/2011 dated November 30, 2011 regarding the Charter of the Telkom Group Audit Committee. In 2012, no changes were made to regulations related to our Audit Committee that would require us to amend our Audit Committee Charter.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Audit Committee Charter outlines the Audit Committee&#8217;s purpose, function and responsibilities. It provides that the Audit Committee is responsible for:</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 face=timesnewroman>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Overseeing our financial reporting process on behalf of the Board of Commissioners; </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 face=timesnewroman>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Providing recommendations to the Board of Commissioners regarding the selection of our external auditor, subject to shareholder approval;</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 face=timesnewroman>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Discussing with our internal and external auditors on the overall scope and plans of their respective audits; </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 face=timesnewroman>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Reviewing our Consolidated Financial Statements and the effectiveness of Internal Controls Over Financial Reporting (&#8220;ICOFR&#8221;); </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face=timesnewroman>-</FONT><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Convening regular meetings with internal and external auditors, without the presence of management, to discuss the results of their evaluation and audit of our internal controls as well as the overall quality of our financial reporting</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">;&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> and</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 face=timesnewroman>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Carrying out additional tasks that are assigned by the Board of Commissioners, especially on financial and accounting related matters as well as other obligations required by the Sarbanes Oxley Act of 2002.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Audit Committee may engage an independent consultant or other professional advisers to assist in carrying out its functions. In addition, the Audit Committee receives and handles complaints.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Audit Committee Independence</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Bapepam-LK&nbsp;Audit Committee Rules require that the Audit Committee consists of at least three members, one of whom must be an Independent Commissioner who serves as chairman, while the other two members must be independent. At least one of these two members must have expert knowledge (in the context of Item 16A of Form 20-F) in the field of accountancy or finance. In order to be considered independent under the prevailing Indonesian rules, the external members of the Audit Committee:</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 face=timesnewroman>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">May not be an executive officer of a public accountant firm that has provided audit or non-audit services to us within the six months prior to his or her appointment as an Audit Committee member;</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 face=timesnewroman>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">May not have been our executive officer within the six months prior to his or her appointment as an Audit Committee member;</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 face=timesnewroman>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">May not be affiliated with our majority shareholder;</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 face=timesnewroman>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">May not have a family relationship with any member of the Board of Commissioners or Board of Directors;</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 face=timesnewroman>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">May not own, directly or indirectly, any of our shares; and</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 face=timesnewroman>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">May not have any business relationship that relates to our businesses.</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 face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Currently, the Audit Committee consists of six members: (i) Johnny Swandi Sjam (Independent Commissioner and Chairman); (ii) Salam (Secretary); (iii) Virano Gazi Nasution (Independent Commissioner); (iv) Parikesit Suprapto (Commissioner); (v) Sahat Pardede and (vi) Agus Yulianto. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Audit Committee Financial Expert</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">See Item 16A &#8220;Audit Committee Financial Expert&#8221;.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Exemption from US Listing Standards for Audit Committees</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">See Item 16D &#8220;Exemptions from the Listing Standards for Audit Committees&#8221;.</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Nomination and Remuneration Committee</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our Nomination and Remuneration Committee was formed pursuant to Board of Commissioner&#8217;s decree No.003/KEP/DK/2005 dated April 21, 2005 regarding the Establishment of the Nomination and Remuneration Committee.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The objective of the Nomination and Remuneration Committee is to establish, administer and enforce corporate governance principles in the process of nomination for strategic management positions and the determination of the Board of Directors&#8217; remuneration. The duties of the Nomination and Remuneration Committee are to:</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 face=timesnewroman>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Devise a nomination and selection system for strategic positions within Telkom, referring to corporate governance principles, such as transparency, accountability, responsibility, fairness and independence;</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 face=timesnewroman>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Assist the Board of Commissioners who engaged with the Directors in selecting candidates for strategic positions in Telkom (i.e. one level under the Directors and similarly for Directors and Commissioners of a consolidated subsidiary that contributes 30% or more of our consolidated revenue, such as Telkomsel). Exclusively for Telkomsel, the Committee&#8217;s recommendation would be passed on to the holder of the Series A Dwiwarna share; and</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 face=timesnewroman>-</FONT><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Formulate a remuneration system for Directors based on fairness and performance.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -27pt; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2012, the members of our Nomination and Remuneration Committee were Jusman Syafii Djamal (Chairman), Hadiyanto, Parikesit Suprapto, Johnny Swandi Sjam, Virano Gazi Nasution and Yuki Indrayadi. To maintain independence in the execution of their tasks, members of the Nomination and Remuneration Committee have no relationship, either directly or indirectly, with us. There are no service contracts or benefits to be provided for Board of Directors of our Company or subsidiaries upon their termination as Board of Directors. </FONT></P>

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

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">We had a total of 25,683 employees as of December 31, 2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">consisting of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face=Times>19,185 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face=Times>Telkom employees and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">6,498 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">employees </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">of our subsidiaries. This figure represents a 1.3% reduction compared to the position as of December 31, 2011, reflecting the continued implementation of our multi exit program initiated in 200</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">2 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">which aims to improve efficiency. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">The following is </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> employee profile by position, educational background and age group.</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Position</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=black face="Times New Roman">201</FONT></B><FONT style="FONT-SIZE: 10pt"></FONT><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">2&nbsp;</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=black face="Times New Roman">Telkom</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&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=black face="Times New Roman">Subsidiaries</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=black face="Times New Roman">Telkom Group</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=IN color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

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   <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">Percentage (</FONT></B><FONT style="FONT-SIZE: 10pt"><B><FONT color=black face="Times New Roman">%</FONT></B></FONT><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">)&nbsp;</FONT></B></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Senior Management</FONT></P></TD>

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   <P style="MARGIN: 0in 5.5pt 0pt 0in"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 5.5pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">132</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 4.5pt 0pt 0in"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 4.5pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">255</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">387</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">1.5</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Middle Management</FONT></P></TD>

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   <P style="MARGIN: 0in 5.5pt 0pt 0in"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 5.5pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2,</FONT><FONT style="FONT-SIZE: 10pt"><FONT lang=IN color=black face="Times New Roman">571</FONT><FONT color=black face="Times New Roman">&nbsp;&nbsp;</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 4.5pt 0pt 0in"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 4.5pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">1,048</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,</FONT><FONT style="FONT-SIZE: 10pt"><FONT lang=IN color=black face="Times New Roman">619</FONT><FONT color=black face="Times New Roman">&nbsp;&nbsp;</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top 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">14.1</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Supervisors</FONT></P></TD>

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   <P style="MARGIN: 0in 5.5pt 0pt 0in"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 5.5pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">9,991</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 4.5pt 0pt 0in"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 4.5pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">1,774</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">11,765</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">45.8</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Others</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 5.5pt 0pt 0in"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 5.5pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">6,491</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 4.5pt 0pt 0in"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 4.5pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">3,421</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">9,912</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">38.6</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 5.5pt 0pt 0in"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 5.5pt 0pt 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">19,</FONT></B><FONT style="FONT-SIZE: 10pt"><B><FONT lang=IN color=black face="Times New Roman">185</FONT></B></FONT><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 4.5pt 0pt 0in"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 4.5pt 0pt 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">6,</FONT></B><FONT style="FONT-SIZE: 10pt"><B><FONT lang=IN color=black face="Times New Roman">498</FONT></B></FONT><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=IN color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">25,683</FONT></B><FONT style="FONT-SIZE: 10pt"></FONT><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">100.0&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 face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">As of December 31, 2012, 26.7% of our employees did not have a tertiary education (pre university), compared to 73.3% who had graduated university. This reflects our focus to recruit highly educated candidates with the right qualifications to support our growth.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<DIV align=left>

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



<TR style="HEIGHT: 2.15pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="35%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="64%" colSpan=7>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">201</FONT></B><FONT style="FONT-SIZE: 10pt"></FONT><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">2&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">Telkom</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">Subsidiaries</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">Telkom Group</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=IN color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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">Percentage (</FONT></B><FONT style="FONT-SIZE: 10pt"><B><FONT color=black face="Times New Roman">%</FONT></B></FONT><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">)&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Pre University</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">6,</FONT><FONT style="FONT-SIZE: 10pt"><FONT lang=IN color=black face="Times New Roman">349</FONT><FONT color=black face="Times New Roman">&nbsp;&nbsp;</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">515</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top 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">6,864</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top 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">26.7</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Diploma Graduates</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">4,</FONT><FONT style="FONT-SIZE: 10pt"><FONT lang=IN color=black face="Times New Roman">619</FONT><FONT color=black face="Times New Roman">&nbsp;&nbsp;</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">926</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">5,</FONT><FONT style="FONT-SIZE: 10pt"><FONT lang=IN color=black face="Times New Roman">545</FONT><FONT color=black face="Times New Roman">&nbsp;&nbsp;</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top 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">21.6</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">University Graduates</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">6,</FONT><FONT style="FONT-SIZE: 10pt"><FONT lang=IN color=black face="Times New Roman">506</FONT><FONT color=black face="Times New Roman">&nbsp;&nbsp;</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">4,</FONT><FONT style="FONT-SIZE: 10pt"><FONT lang=IN color=black face="Times New Roman">634</FONT><FONT color=black face="Times New Roman">&nbsp;&nbsp;</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top 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">11,140</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top 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">43.4</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Post Graduates</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,</FONT><FONT style="FONT-SIZE: 10pt"><FONT lang=IN color=black face="Times New Roman">711</FONT><FONT color=black face="Times New Roman">&nbsp;&nbsp;</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">423</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2,</FONT><FONT style="FONT-SIZE: 10pt"><FONT lang=IN color=black face="Times New Roman">134</FONT><FONT color=black face="Times New Roman">&nbsp;&nbsp;</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top 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">8.3</FONT><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">19,</FONT></B><FONT style="FONT-SIZE: 10pt"><B><FONT lang=IN color=black face="Times New Roman">185</FONT></B></FONT><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">6,</FONT></B><FONT style="FONT-SIZE: 10pt"><B><FONT lang=IN color=black face="Times New Roman">498</FONT></B></FONT><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=IN color=black 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">25,683</FONT></B><FONT style="FONT-SIZE: 10pt"></FONT><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">100.0&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 face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">As of December 31, 2012, employees over the age of 45 continued to dominate our workforce, comprising </FONT><FONT style="FONT-SIZE: 10pt" lang=ES face="times new roman">55.4% of our total employees</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">, followed by employees in the 31 to 45 age group which comprised </FONT><FONT style="FONT-SIZE: 10pt" lang=ES face="times new roman">35.4%&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> and those under 30 age group which comprised </FONT><FONT style="FONT-SIZE: 10pt" lang=ES face="times new roman">9.2%</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<DIV align=left>

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



<TR style="HEIGHT: 2.15pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="35%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Age Group</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="64%" colSpan=7>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>2&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Telkom</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Subsidiaries</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Telkom Group</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=IN color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>Percentage (</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT color=black>%</FONT></B></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>)&nbsp;</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>&lt;30</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>820</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>&nbsp;&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=black>538</FONT><FONT color=black>&nbsp;&nbsp;</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2,</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=black>358</FONT><FONT color=black>&nbsp;&nbsp;</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>9.2</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>&nbsp;&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>31 - 45</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>4,654</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>&nbsp;&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>4,</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=black>429</FONT><FONT color=black>&nbsp;&nbsp;</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=black>083</FONT><FONT color=black>&nbsp;&nbsp;</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>35.4&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>&gt;45</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>13,</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=black>711</FONT><FONT color=black>&nbsp;&nbsp;</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>531</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>&nbsp;&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>14,</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=black>242</FONT><FONT color=black>&nbsp;&nbsp;</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>55.4</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>&nbsp;&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT lang=IN color=black>185</FONT></B></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>&nbsp;&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>6,</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT lang=IN color=black>498</FONT></B></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>&nbsp;&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=IN color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>25,683</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>&nbsp;&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>100.0&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT><FONT><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 9pt" lang=EN-US face="Times New Roman"></FONT></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 80 -</P>

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



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

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">A</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">pproximately 81% of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">our </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">employees </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">were located </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">in western Indonesia and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">approximately </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">19% of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">our </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">employees&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> were located</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> in eastern Indonesia.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">Retirement</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> Program</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">The retirement age for all our employees is 56. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">We have</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> two pension schemes, which are (</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">a</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">) Defined Benefit Pension Plan (&#8220;DBPP&#8221;) tailored for permanent employees who were hired prior to July 1, 2002, and (</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">b</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">) Defined Contribution Pension Plan (&#8220;DCPP&#8221;) that applies to other permanent employees.</FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> &nbsp;</FONT></B></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">a)</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Defined Benefit Pension Plan</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> (&#8220;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">DBPP</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">&#8221;) &nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">DBPP is calculated for participants based on years of service, salary level at retirement and is transferable to dependent families if the respective employee passes away. Telkom Pension Fund Division administers the program while the main source of pension fund comes from us and employee contributions. Employees participate in the program with 18% of their basic salary (before March 2003, employee contribution rate was 8.4%) while we contribute the <FONT style="FONT-SIZE: 10pt" face="Times New Roman">balance</FONT>. The minimum monthly pension benefit for retired employees is approximately Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">425,000 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">per month. Our contribution to the pension fund reached Rp485 billion, Rp187 billion and Rp186 billion, respectively, for the years ended December 31, 2010, 2011 and 2012.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="times new roman">Telkomsel operates its own DBPP for its employees. With this program, employees are entitled to retirement benefits calculated based on their latest basic salary or take-home pay and years of services. PT Asuransi Jiwasraya (Persero), manages this program after they secured annual insurance contracts. Up to 2004, employees would contribute 5% of their monthly basic salaries to the program, while Telkomsel would contribute the balance. Since 2005, Telkomsel&nbsp;has contribute<FONT style="FONT-SIZE: 10pt" face="Times New Roman">d</FONT> <FONT style="FONT-SIZE: 10pt" face="Times New Roman">the entire amount </FONT>to the program. In addition, Telkomsel also runs rewards program for employees with <FONT style="FONT-SIZE: 10pt" face="Times New Roman">many&nbsp;</FONT>years of services through which employees receive cash or additional leave. Awards&nbsp;<FONT style="FONT-SIZE: 10pt" face="Times New Roman">are</FONT> given to any employee that&nbsp;has spent more than a certain period with&nbsp;<FONT style="FONT-SIZE: 10pt" face="Times New Roman">Telkomsel </FONT>or upon termination.&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Infomedia also has its own DBPP for its employees.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">b)</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Defined Contribution Pension Plan </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">(&#8220;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">DCPP</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">&#8221;)&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">We operate a Defined Contribution Pension Plan for permanent employees who were recruited </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">on or </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">after July 1, 2002. DCPP is managed by several appointed <FONT style="FONT-SIZE: 10pt" face="Times New Roman">f</FONT>inancial institutions pension fund from which employees can choose. Our contribution to the <FONT style="FONT-SIZE: 10pt" face="Times New Roman">f</FONT>inancial institutions pension fund is determined by <FONT style="FONT-SIZE: 10pt" face="Times New Roman">the&nbsp;</FONT>portion taken from participating employee&#8217;s basic salary,&nbsp;which <FONT style="FONT-SIZE: 10pt" face="Times New Roman">totalled&nbsp;</FONT>Rp4 billion, Rp5 billion and Rp5 billion, respectively, for the years ended December 31, 2010, 2011 and 2012.</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 face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">To create a more effective and competitive business environment, we also have an Early Retirement Program (&#8220;ERP&#8221;). The program is run in line with the execution of the 2013-2017 Human Capital Master Plan which is expected to release </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">1,548&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> employees. This program is offered to employees who are deemed to have met certain requirements in terms of education, age, position and performance. From 2002 through December 31, 2012 we allocated </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">Rp7.3 trillion</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> as compensation for </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">14,195&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"> employees who participated in the program.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"> 781 <FONT style="FONT-SIZE: 10pt" face="Times New Roman">of our </FONT>employees <FONT style="FONT-SIZE: 10pt" face="Times New Roman">came under the ERP in 2012,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" face="Times New Roman">which took effect</FONT>&nbsp;on February 1, 2013.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">Management of </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Employee Relations </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">with </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Management&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Pursuant</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> to the Presidential Decree No</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">83</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">/</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">1998 regarding Ratification of ILO Convention No.87</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">/</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">1948 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">regarding&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> Freedom of Association and Protection of the Right Organize,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Telkom employees established</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> the Telkom Employees Union (&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">SEKAR&#8221;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. As of December 31, 2012, SEKAR </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">represented a total</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> of 17,931 employees or 93.5% of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> total </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">workforce</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">.&nbsp;</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Pursuant to Act No</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">13</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">/</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2003 regarding Manpower </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">and Regulation of the Minister of Manpower and Transmigration No.PER.16/2011 concerning Procedures Preparation and Certification of Company Regulations and Preparation and Registration Collective Work Agreement (&#8220;CWA&#8221;)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, SEKAR is entitled to represent employees in the negotiation of the CWA with management. During 2012, five CWA V negotiations were made to renew the expired CWA IV. The CWA IV was no longer effective after December 31, 2012. We and SEKAR agreed to extend the CWA IV agreement. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Telkomsel and Infomedia also have employees' unions. Telkomsel&#8217;s employees' union, "SEPAKAT", has 3,731 members or representing 82% of Telkomsel&#8217;s total employees, while Infomedia&#8217;s employees' union "SPIN" consist of 515 employees or 72% of the total number of Infomedia employees. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Neither we nor </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> subsidiaries have experienced material labor action.</FONT></P>

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<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">E.&nbsp;&nbsp;&nbsp; SHARE OWNERSIP</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of February 28, 2013, none of our </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">D</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">irectors or senior managers beneficially owned more than 1.0% of our outstanding shares of common stock. In addition, no Commissioners beneficially own our shares of common stock. For <FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">information regarding share ownership of our directors and senior management, see Item 7 &#8220;Major Stockholders and Related Party Transactions &#8211; Major Shareholders.&#8221; </FONT></FONT></P>

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<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Employee Stock Ownership Program</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Employee Stock Ownership Program (&#8220;ESOP&#8221;) is an employee-owner scheme that provides our employee with an ownership interest in our Company. At our initial public offering on November 14, 1995, a total of 116,666,475 shares were issued to 43,218 employees. As of December 31, 2012, 11,311,122 of our shares were owned by 10,591 of our employees and Telkom retirees.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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;</FONT></P>

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<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITEM 7. <A name="MSRPT"></A>MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS</FONT></B></P>

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<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A. &nbsp;&nbsp; MAJOR SHAREHOLDERS</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Shareholder Composition</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; TEXT-TRANSFORM: none; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=EN-US color=windowtext face="Times New Roman">Our authorized capital consists of one Series A Dwiwarna share and 79,999,999,999 Series B (common stock) shares. Among this authorized shares, 20,159,999,280 of which are issued and fully paid, consists of the Series A Dwiwarna share and 20,159,999,279 common stock. The Series A Dwiwarna share is owned by the Government and carries special voting rights and the right to nominate, and to&nbsp;veto the appointment and removal of, any director or commissioner, the issue of new shares and amendments to our Articles of Association including amendments to merge or dissolve us prior to the expiry of its term of existence, to increase or decrease our authorized capital or to reduce our subscribed capital. The material rights and restrictions placed on the common stock also apply to the Dwiwarna share, except that the Government cannot transfer the Dwiwarna share. The Government&#8217;s ownership of the Dwiwarna share gives it effective control over our Company even if it reduces its ownership of our common stock, and its rights with respect to the Dwiwarna share may only be modified by an amendment of our Articles of Association, which the Government may veto. See Note 20 to our Consolidated Financial Statement.</FONT></P>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Company Shareholders per February 28, 2013</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Series A Dwiwarna Share</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Series B Shares</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>%</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(Common Stock)</FONT></B></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Government </FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>10,320,470,711&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>53.90&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Public</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8,828,598,108&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>46.10&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Capital Subtotal (issued and outstanding)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,149,068,819&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>100.00&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Treasury Stock </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,010,930,460&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>20,159,999,279&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>100.00&nbsp;</FONT></P></TD></TR></TABLE></DIV>

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

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Shareholders Owning More Than 5% of Shares (Major Shareholder)</FONT></B></P>

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

<DIV align=left>

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



<TR style="HEIGHT: 2.15pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Title of Class</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Person or Group</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Number of Shares</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Percentage of Ownership</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Series A</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Government</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Series B</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="40%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Government</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>10,320,470,711&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>53.90&nbsp;</FONT></P></TD></TR></TABLE></DIV>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">During the past three years, the percentage of shares held by Government was 52.5%, 53.2% and 53.9% as of December 31, 2010, 2011 and 2012 respectively. </FONT></P>

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

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Shares Owned by Directors or Commissioners</FONT></B></P>

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

<DIV align=left>

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



<TR style="HEIGHT: 12.25pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="66%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Directors or Commissioners</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Number of Shares</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Percentage of Ownership</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="66%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Directors</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="66%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Indra Utoyo</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>5,508&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>&lt;0.01</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="66%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Priyantono Rudito</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>108&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>&lt;0.01</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="66%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Sukardi Silalahi</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>108&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>&lt;0.01</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="66%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>5,724&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>&lt;0.01</FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt">&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 82 -</P>

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



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

&nbsp; <A name="page_85"></A>

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

<a name="_bclHeader85"></a><DIV>

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

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Shareholders Owning Less Than 5% of Shares</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><STRONG><FONT size=2></FONT></STRONG>&nbsp;</P>

<DIV align=left>

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



<TR style="HEIGHT: 2.15pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="67%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Group</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Number of Shares of Common Stock Owned</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Percent (%) of Common Stock Owned</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Foreign</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Business</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>7,553,965,949&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>39.45&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Individual</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>3,075,940&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>0.02&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Local</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Business Entities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Companies</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>374,286,165&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1.95&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Mutual Funds</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>387,430,676&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2.02&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Insurance Companies</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>279,882,540&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1.46&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Pension Funds</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>136,171,690&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>0.71&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Other Business Entities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>7,188,024&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>0.04&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Individuals</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>86,597,124&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>0.45&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8,828,598,108&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>46.10&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 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 face="Times New Roman">Relationship with the Government and Government Agencies</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our relationship with the Government is multi-faceted. The Government is our majority and controlling shareholder. It is also our regulator as it adopts, administers and enforces relevant laws that regulate telecommunications sector, sets tariffs and issues licenses. It is also one of our customers and one of our lenders.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As used in this section, the term &#8220;Government&#8221; includes the Government of Indonesia and its ministries, directly-owned government departments and agencies, but excludes SOEs.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 5pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Government as Shareholder</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">The Government is our majority and controlling shareholder and owned 53.9% of our common stock as of December 31, 2012. Its ownership of the Series A Dwiwarna share gives it special voting and veto rights. Under relevant laws, the &#8220;ownership&#8221; of our common stock and the single outstanding Series A Dwiwarna share is vested in the Ministry of Finance (&#8220;MoF&#8221;). In turn, and under the authority of the MoF, the Minister of State-Owned Enterprise (&#8220;MSOE&#8221;) exercises the rights vested in these securities as our &#8220;controlling shareholder.&#8221;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">As our majority shareholder and controlling shareholder, the Government has an interest in our performance, both in terms of the service we provide to the nation and our ability to operate on a commercial basis. The material rights and restrictions that apply to our common stock also apply to the Series A Dwiwarna share, except that the Government may not transfer the Series A Dwiwarna share, and has right of veto with regard to: (1) the nomination, appointment and removal of our Directors; (2) the nomination, appointment and removal of our Commissioners; (3) the issuance of new shares and (4) any amendments to our Articles of Association, including with respect to actions to merge or dissolve our Company, increase or reduce our authorized capital, or reduce our subscribed capital. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Accordingly, the Government effectively has control over these matters even if it owns less than a majority share of the outstanding common stock. The Government&#8217;s rights with respect to the Series A Dwiwarna share will not expire unless there is a change that requires the amendment of our Articles of Association, which would require the consent of the Government as the holder of Series A Dwiwarna share.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">The Government as Regulator</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">The Government regulates the telecommunications sector through the MoCI. The MoCI has the authority to issue regulations that implement laws, which are typically broad in scope. Through such decrees the MoCI defines the structure of the industry, determines tariff formulas, establishes our Universal Service Obligations (&#8220;USO&#8221;), and otherwise controls many factors that could influence our competitive position, operations and financial position. Through the DGPT, the MoCI regulates the allocation of frequencies and sets numbers for fixed telephone lines. We are required to obtain a license from the DGPT for each type of service offered, including for the frequencies we use (as allocated by the MoCI). We and other operators are required to pay frequency usage fees. Telkomsel also holds licenses issued by the MoCI (some of which were previously issued by the Minister of Communications) for the provision of cellular services, and from the Indonesian Investment Coordinating Board in relation to Telkomsel&#8217;s investments for the development of cellular phone services with national coverage, including the expansion of network coverage. The Government, through the MoCI as regulator, has the authority to issue new licenses for the establishment of new joint ventures and other new arrangements, particularly in telecommunications.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Certain licenses require us to pay a concession fee to operate. We pay concession fees for telecommunications services provided and radio frequency usage charges to the MoCI. Concession fees amounted to Rp356 billion in 2011, and Rp451 billion (US$47 million) in 2012. Concession fees as a percentage of total expenses amounted to 0.7% in 2011 and 0.8% in 2012. Radio frequency usage charges amounted to Rp2,846 billion in 2011, and Rp3,002 billion (US$312 million) in 2012. Radio frequency usage charges as a percentage of total expenses amounted to 5.7% in 2011 and 5.6% in 2012. We paid USO charges to the MoCI amounting to Rp879 billion in 2011, and Rp994 billion (US$103 million) in 2012. USO charges as a percentage of our total expenses came to 1.8% in 2011 and 1.9% in 2012.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT size=2></FONT>&nbsp;</P><FONT style="FONT-SIZE: 10pt">

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><I><FONT style="LINE-HEIGHT: normal" lang=EN-US color=windowtext face="times new roman">The Government as Lender</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="LINE-HEIGHT: normal" lang=EN-US color=windowtext face="times new roman">In July 1994, the Government arranged a facility under which certain foreign institutions provided us with a two-step loan for certain expenditures (the &#8220;sub-loan borrowings&#8221;). The sub-loan borrowings were made through the Government and are guaranteed by it. As of December 31, 2012, we had a total of Rp1,987 billion (US$206 million) in such outstanding two-step loans, including current maturities. We are required to pay the Government interest and repay the principal, which the Government then remits to the respective lenders. As of December 31, 2012, 71.1% of such sub-loan <FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">borrowings were denominated in foreign currencies, with the remaining 28.9% denominated in Rupiah. In 2012, the annual interest rates charged 6.79% on loans repayable in Rupiah, 4.0% on those denominated in US Dollar and 3.1% for those denominated in Japanese Yen.</FONT></FONT></P>

<P style="MARGIN: 0in 0in 0pt"></P></FONT><FONT style="FONT-SIZE: 2pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;

<P></P></DIV>

<P style="TEXT-ALIGN: center">- 83 -</P>

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

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Government as Customer</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Certain Government departments and agencies purchase services from us as direct customers, the terms of which are negotiated on a commercial basis. No services are provided for free or on an in-kind basis. We deal with these departments and agencies as separate customers. In 2012, the amount of revenues from Government departments and agencies was Rp237 billion, which was approximately 0.31% of our consolidated revenues and did not constitute a material part of our revenues. The Government departments and agencies are treated for tariff purposes with respect to connection charges and monthly charges as &#8220;residential&#8221;, which tariffs are lower than the business service rates. This does not apply to the tariffs for local, long distance and IDD calls.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">It is our policy not to enter into any transactions with affiliates unless the terms are no less favorable to us than they would be with a third party. The MSOE has advised us that it would not cause us to enter into transactions with other entities under its control unless the terms were consistent with our policy as referred to above.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Pursuant to OJK regulations, because we are listed on the IDX, any transaction where there is an inherent conflict of interest (as defined below) with another IDX-listed company must be approved by majority of the holders of our common stock who do not have a conflict of interest in the proposed transaction, unless such conflict of interest existed before listing and was fully disclosed in the offering documents.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">OJK regulations define a conflict of interest as a conflict between our economic interests and the shareholders&#8217; interests on the one hand, and on the other, the personal economic interests of members of the Board of Commissioners, Board of Directors or other principal shareholders (defined as a holder of 20% or more of our common stock) or their affiliates, either jointly or individually. A conflict of interest also exists if a member of the Board of Commissioners or Board of Directors or a principal shareholder or their respective affiliates is involved in a transaction in which its personal interests may be in conflict with ours. OJK has the authority to enforce these rules regarding conflicts of interest and holders of our common stock are also entitled to bring a suit to enforce these.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">Under OJK regulations, transactions between us and other State-Owned or controlled enterprises may cause a conflict of interest. In such cases, the approval of the disinterested shareholders must be obtained if a conflict of interest arises. We believe that many transactions conducted with State-Owned or controlled enterprises are on an arms-length, commercial basis and do not constitute conflict of interest that would require an independent shareholders vote. Such transactions include our sale of telephone services to State-Owned or controlled enterprises and our purchase of electricity from a State-Owned Enterprise. We expect that from time to time, in connection with the development and growth of our business we would enter into joint ventures, agreements or transactions with such enterprises. Under such circumstances, we may consult OJK to determine whether a proposed joint venture, agreement or transaction would require a vote of independent shareholders under OJK rules. If OJK is of the view that such transaction would not require such a vote, we would proceed without seeking the independent shareholders&#8217; approval. Otherwise, we would seek the requisite approval or abandon the proposed action</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="times new roman">.&nbsp;</FONT></P>

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

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Proportion of Common Stock Held in Indonesia and Abroad</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=EN-US color=windowtext face="times new roman">As of February 28, 2013, we had 28,117 common stock shareholders, including the Government. This total includes 7,557,041,889 common stock shares owned by 1,663 shareholders outside Indonesia. As of the same date, there were 116 ADS shareholders who owned 54,166,949 ADS (1 ADS is equivalent to 40 common stock shares).</FONT></P>

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

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Change in Control</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">As of the date of this Annual Report, we are not aware of any plans or developments that could result in a change of control over us, including changes that are still at the planning stage.</FONT></P>

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

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">B. &nbsp;&nbsp; RELATED PARTY TRANSACTIONS</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We are party to certain agreements and engage in transactions with certain parties that are related to us, such&nbsp;as cooperatives and foundations. Such parties include the Government and entities related to or owned or controlled by the Government, such as other State-Owned Enterprises. For further details on our related party transactions, see Note 34 to our Consolidated Financial Statements.</FONT></P>

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

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">C. &nbsp;&nbsp; INTEREST OF EXPERTS AND COUNSEL</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Not applicable. </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 2pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 84 -</P>

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

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITEM 8. <A name="FI"></A>FINANCIAL INFORMATION</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A. &nbsp;&nbsp; CONSOLIDATED STATEMENTS AND OTHER FINANCIAL INFORMATION</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">See Item 17 &#8220;Financial Statements&#8221; for our audited Consolidated Financial Statements filed as part of this Form 20-F. </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Material Litigation</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In the ordinary course of business, we have been named as defendant in various legal actions related to land disputes, monopolistic practice and unfair business competition, and SMS cartel practices. With regard to the legal proceedings described below, we do not believe that subsequent investigations or court decisions regarding those cases will have significant financial impact on us or our Subsidiaries. Based on management's estimates on the probable outcomes of those cases, we have made provisions of Rp53 billion as at December 31, 2012. See Note 38 in our Company&#8217;s Consolidated Financial Statements. </FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The following describes certain current significant legal proceedings involving us, our subsidiaries and members of our Board of Commissioners and Board of Directors:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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=IN face="Times New Roman">A.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Cases Involving the Company</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Case</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Legal Status</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B></B>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt">Financial Impact (Rp)</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="60%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Commission for the Supervision of Business Competition ("KPPU")</FONT></B></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B></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="MARGIN: 0in 0in 0pt"><B></B>&nbsp;</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: justify; MARGIN: 0in 0in 0pt"><B></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="MARGIN: 0in 0in 0pt"><B></B>&nbsp;</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: justify; MARGIN: 0in 0in 0pt"><B></B>&nbsp;</P></TD></TR>

<TR>

   <TD vAlign=top width="60%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"></FONT></P><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">We are the defendant with KPPU as plaintiff in the case of allegation of violation of Article 5 of Law No. 5 <FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">of </FONT>1999 on Prohibition of Monopolistic and Unfair Business Competition Practices. </FONT></FONT></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"></P></TD>

   <TD vAlign=top width="19%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"></FONT></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">In appeal at the Central Jakarta District Court</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"></P></TD>

   <TD vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">18 billion</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 4.4pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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=IN face="Times New Roman">B.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Cases Involving Subsidiaries</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.56%; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="60%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Case</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="18%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Legal Status</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="18%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Financial Impact (Rp)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="60%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">KPPU</FONT></B></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"><B></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B></B>&nbsp;</P></TD></TR>

<TR>

   <TD vAlign=top width="60%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"></FONT></P><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Telkomsel is the defendant with KPPU as plaintiff in the case of allegation of violation of Article 5 of Law <FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">No. 5&nbsp;<FONT style="FONT-SIZE: 10pt" face="Times New Roman">of</FONT> 1999 on Prohibition of Monopolistic and Unfair Business Competition Practices. </FONT></FONT></TD>

   <TD vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"></P></TD>

   <TD vAlign=top width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"></FONT></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">In appeal at Central Jakarta District Court</FONT></P></TD>

   <TD vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"></P></TD>

   <TD vAlign=top width="18%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"></FONT></P>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">25 billion</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="60%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Commercial Court </FONT></B></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="18%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right>&nbsp;</P></TD></TR>

<TR>

   <TD vAlign=top width="60%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"></FONT></P><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Telkomsel is the defendant with PT Prima Jaya Informatika as plaintiff in the case of bankruptcy appeal filed by the plaintiff over the non-payment of plaintiff receivables by the defendant. </FONT></TD>

   <TD vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"></P></TD>

   <TD vAlign=top width="18%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"></FONT></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">In a Judicial Review process in Supreme Court since PT Prima filed an appeal on the Supreme Court&#8217;s verdict</FONT></P></TD>

   <TD vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 0pt"></P></TD>

   <TD vAlign=top width="18%" align=right>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"></FONT></P><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt">5.3 billion</FONT></FONT></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 4.4pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">C.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Cases Involving Members of Board of Commissioners and Board of Directors</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In 2012, there were no legal proceedings involving any serving member of the Board of Commissioners and Board of Directors. </FONT></P>

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

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Dividend Policy</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The AGMS has the authority to determine the amount of dividends we pay. Our dividend payout ratio for 2012 will be decided at the AGMS scheduled for 2013.</FONT></P>

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

<DIV align=left>

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



<TR style="HEIGHT: 2.15pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>Dividend Year</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=IN color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>Date of AGMS</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=IN color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Pay Out Ratio (%)<SUP>(1)</SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=IN color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>Amount of Dividends</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>(Rp million)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=IN color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>Dividend per Share</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>(Rp)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>2007&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>June 20, 2008</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">70&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">8,999,913&nbsp;<SUP>(2)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>455.87&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>2008&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>June 12, 2009</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">55&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>5,840,708&nbsp;</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=white>(0)</FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>296.94&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>2009&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>June 11, 2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">50&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">5,666,070&nbsp;<SUP>(3)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>288.06&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>2010&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>May 19, 2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">55&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">6,345,350&nbsp;<SUP>(4)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>322.59&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>2011&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>May 11, 2012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">65&nbsp;<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">7,127,333&nbsp;<SUP>(5)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>371.05&nbsp;</FONT></P></TD></TR></TABLE></DIV>

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

<DIV align=left>

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



<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" color=windowtext face="Times New Roman">(1) Represents the percentage of profit attributable to owners of the parent paid to shareholders in dividends.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" color=black face="Times New Roman"> &nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face="Times New Roman">(2) Including interim cash dividend paid in December 2007 amounting to Rp965,398 million.</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" color=windowtext face="Times New Roman">(3) Including interim cash dividend paid in December 2009 amounting to Rp524,190 million.</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" face="Times New Roman">(4) Including interim cash dividend paid in December 2010 and January 2011 amounting to Rp276,072 million and Rp250,085 million respectively</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=IN color=windowtext face="Times New Roman">(5) </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" color=windowtext face="Times New Roman">Consists of cash dividend amounting to Rp6,030,820 million and special cash dividend amounting Rp1,096,513 million.</FONT></P></TD></TR></TABLE></DIV>

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<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 2pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center">- 85 -</P>

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

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Pursuant to AGMS in </FONT><FONT style="FONT-SIZE: 9pt" lang=EN-US color=black face="Times New Roman">April&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> 2012, Telkomsel approved the payment of a cash dividend of Rp10,259</FONT><FONT style="FONT-SIZE: 9pt" lang=EN-US color=black face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">billion, which represented 80% of Telkomsel&#8217;s net profit in 2011, Rp3,590 billion of this dividend was distributed to SingTel Mobile, Telkomsel&#8217;s largest non-controlling shareholder.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In 2010, 2011, and 2012 cash dividends were paid to SingTel Mobile, a non-controlling shareholder of Telkomsel, amounting to Rp3,261 billion, Rp</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">,</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">72</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">6 billion and Rp3,231</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 9pt" lang=EN-US color=black face="Times New Roman"> billion.</FONT></P>

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

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

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT style="LINE-HEIGHT: 11pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">See Note 42 to our Consolidated Financial Statements.</FONT></P>

<P style="MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITEM 9. <A name="TOAL"></A>THE OFFER AND LISTING</FONT></B></P>

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

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A. &nbsp;&nbsp; OFFER AND LISTING DETAILS</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">The table below shows the high, low, closing quoted prices and trading volume for our common stock on the IDX during the periods indicated:</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

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



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="31%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="35%" colSpan=5>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Price per Share of Common Stock <SUP>(1)</SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=3 width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Volume</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(shares)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=3 width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Outstanding Shares</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=3 width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Market Capitalization</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(Rp billion)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Low</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Calendar Year</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>High</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(in Rupiah)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Closing</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2008&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>10,250&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>5,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>6,900&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>6,162,126,500&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,669,424,780&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>135,719&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2009&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>10,350&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>5,750&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,450&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>4,174,413,500&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,669,424,780&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>185,876&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2010&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,800&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>6,950&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>7,950&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>5,707,850,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,669,424,780&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>156,372&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2011&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8,050&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>6,600&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>7,050&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>4,441,579,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>First Quarter</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8,050&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>6,600&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>7,350&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,297,346,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,669,424,780&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>144,570&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Second Quarter</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>7,850&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>6,800&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>7,350&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>957,638,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,627,724,280&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>144,264&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Third Quarter</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>7,900&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>6,900&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>7,600&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,261,616,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,527,516,280&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>148,409&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Fourth Quarter</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>7,750&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>6,900&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>7,050&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>924,979,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,386,339,320&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>136,674&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2012&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,950&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>6,650&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,050&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>4,600,560,500&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>First Quarter</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>7,150&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>6,650&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>7,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,039,571,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,219,393,820&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>134,536&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Second Quarter</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8,700&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>7,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8,150&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,386,964,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,184,274,820&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>156,352&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Third Quarter</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,850&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>7,950&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,450&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,020,030,500&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,153,568,820&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>181,001&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Fourth Quarter</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,950&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8,650&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,050&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>1,153,995,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,149,068,820&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>173,299&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>September</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,750&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,150&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,450&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>287,944,500&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,153,568,820&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>181,001&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>October</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,950&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,300&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,750&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>408,422,500&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,149,068,820&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>186,703&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>November</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,900&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8,950&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>332,146,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,149,068,820&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>172,342&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>December</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,350&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8,650&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,050&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>413,426,500&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,149,068,820&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>173,299&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2013&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>January</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,800&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>8,800&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,700&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>446,610,500&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,149,068,820&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>185,746&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>February</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>10,950&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>9,550&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>10,750&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>422,448,500&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>19,149,068,820&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>205,852&nbsp;</FONT></P></TD></TR></TABLE></DIV>

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

<DIV align=left>

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



<TR>

   <TD vAlign=top width="100%">

   <P style="TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"><FONT style="FONT-SIZE: 8pt" face="Times New Roman">(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>We conducted a two for one split of our common stock from a nominal value of Rp500 per share to Rp250 per share as resolved by the AGMS on July 30, 2004, effective October 1, 2004. The price per </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">share of the common stock reflects this split</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt"><I></I>for all periods shown.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-GB color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.3pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On December 28, 2012, the last day of trading on the IDX in 2012, the closing price for our common stock was </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Rp</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.55pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">9,050&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> per share.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; 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="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The high, low, closing prices and trading volume for our ADSs on the NYSE and the LSE for the periods indicated are shown in the table below. Trading in ADSs is effected &#8220;off exchange&#8221; on the LSE. Under LSE rules, off exchange trading means that transactions are carried out on other exchanges and once the transaction has taken place, it is reported to the LSE.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 2pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 86 -</P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="28%" colSpan=5>

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

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom rowSpan=3 width="9%">

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

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

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="30%" colSpan=5>

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

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&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=black face="Times New Roman">Volume</FONT></B></P><FONT style="FONT-SIZE: 10pt"></FONT>

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

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">Closing</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="9%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black 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; HEIGHT: 2.15pt; 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=black face="Times New Roman">Closing</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2008&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">45.50&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">17.31&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">25.01&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">98,988,347&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">45.74&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">16.89&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">24.62&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">38,028&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2009&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">41.55&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">20.19&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">39.95&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">67,767,999&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">40.76&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">25.67&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">41.02&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,757&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2010&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">43.80&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">30.33&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">35.65&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">69,803,576&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">42.00&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">30.76&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">34.91&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">19,673&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2011&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">36.96&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">30.29&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">30.74&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">69,279,100&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">35.89&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">21.02&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">30.50&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,406,292&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">First Quarter</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">36.05&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">30.51&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">33.58&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">17,278,400&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">35.73&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">33.39&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">33.44&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">697&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Second Quarter</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">36.28&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">32.21&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">34.50&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">16,636,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">35.89&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">35.82&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">35.88&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">354,770&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Third Quarter</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">36.96&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">30.29&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">33.07&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">20,886,200&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">35.59&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">33.58&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">34.44&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">87,554&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Fourth Quarter</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">34.48&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">30.62&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">30.74&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">14,478,500&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">21.02&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">21.02&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">30.50&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">963,271&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2012&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">41.14&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">29.26&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">36.95&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">88,190,589&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">40.12&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">30.24&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">36.50&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">746,278&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">First Quarter</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">31.69&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">29.26&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">30.36&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">19,265,880&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">31.04&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">30.24&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">30.95&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">236,546&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Second Quarter</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">37.00&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">30.38&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">34.83&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">32,660,280&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">36.64&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">30.40&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">33.70&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">293,809&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Third Quarter</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">41.14&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">34.28&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">38.93&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">19,696,121&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">39.78&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">34.30&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">39.10&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">88,412&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Fourth Quarter</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">41.00&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">36.00&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">36.95&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">16,568,308&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">40.12&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">36.50&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">36.50&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">127,511&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">September</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">40.53&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">37.87&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">38.93&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">5,230,487&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">39.10&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">39.10&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">39.10&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">50,000&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">October</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">41.00&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">38.77&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">40.65&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">7,922,026&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">40.12&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">39.07&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">39.13&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">125,444&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">November</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">40.58&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">37.85&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">38.04&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">4,922,198&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">39.45&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">37.97&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">38.85&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,907&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">December</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">38.05&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">36.00&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">36.95&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,724,084&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">36.50&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">36.50&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">36.50&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">160&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">2013&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

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

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">January</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">39.89&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">36.17&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">39.65&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">4,652,609&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">39.00&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">37.44&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">39.00&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">419&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="21%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">February</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">44.65&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">39.41&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">44.46&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">4,491,895&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">39.95&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="9%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">39.84&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">39.95&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2,400&nbsp;</FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">On December 31, 2012, the last day of trading on the NYSE and LSE in 2012, the closing price for one Telkom ADS was US$</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">36.95 </FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">and US$</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">36.50 respectively.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">B. &nbsp;&nbsp; PLAN OF DISTRIBUTION</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Not applicable. </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US 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="LINE-HEIGHT: normal; LETTER-SPACING: 0.2pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">C. &nbsp;&nbsp; MARKETS</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.2pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Our common stock is listed and traded on the IDX. Our ADSs are also listed and traded on the NYSE and the LSE as ADSs, where one ADS represents 40 shares of Common Stock. Our shares are also Publicly Offered Without Listing (&#8220;POWL&#8221;) in Japan.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 6pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Indonesian Stock Market </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Indonesia&#8217;s stock market, known as the IDX, grew out of the December 1, 2007, as merger of two stock exchanges operating in two different locations in Indonesia, the Jakarta Stock Exchange in the capital and the Surabaya Stock Exchange in East Java.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As at December 31, 2012, the IDX had 459 issuers for equity and 117&nbsp;active brokerage houses. In&nbsp;2012, the IDX recorded a trading volume of 117.87</FONT><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=IN face="Times New Roman"> billion</FONT><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> shares.&nbsp;As at&nbsp;December 31, 2012, the total market capitalization was valued at Rp4,126.99 trillion (US$428.22 billion). </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt; FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Trading on the IDX runs from Monday to Thursday, with daily trading divided into two sessions on both the regular market and the negotiated market. The morning session runs from 09.30 to 12.00, while the afternoon session runs from 13.30 to 16.00. The Friday trading sessions run from 09.30 to 11.30 and 14.00 to 16.00. There is only one daily trading session for the cash market: 09.30 to 12.00 from Monday to Thursday, and 09.30 to 11.30 on Fridays. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In addition there are also pre-opening session which took place from Monday to Friday 9.10.00 to 9.29.59 for the regular market.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.1pt; FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Trading is divided into three segments: the regular market, negotiated market and the cash market (except for rights issues, which can only be traded on the cash market and the negotiated market</FONT><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=IN face="Times New Roman"> for the first session)</FONT><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. The regular market is the mechanism for trading stock in standard lots on a continuous auction basis during exchange hours. Trading on the regular and cash markets is typically carried out in lots of 500 shares apiece. The IDX also employs share price movement restrictions.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT lang=EN-US face="Times New Roman"></FONT>&nbsp;</P><FONT style="FONT-SIZE: 10pt">

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.1pt" lang=EN-US face="Times New Roman">Auctions on the IDX on regular market and cash market take place according to the price and time priorities. Price priority refers to the giving of priority to buying orders at a higher price or selling orders at a lower price. If buying or selling orders are placed at the same price, priority is given to the earlier placed buying or selling order (time priority).</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.1pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.1pt" lang=EN-US face="Times New Roman">Trading on the negotiated market is conducted through direct negotiation between (i) IDX members, (ii) clients through one IDX member, (iii) a client and an IDX member, or (iv) an IDX member and the PT Kliring Penjaminan Efek Indonesia (&#8220;KPEI&#8221;). KPEI provides clearing and guarantee services of stock exchange transactions settlement. It also improves efficiency and certainty of transactions settlement in IDX.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.25pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.1pt" lang=EN-US face="Times New Roman">Transactions on the IDX regular market must be settled no later than the third trading day after the transaction. Transactions on the negotiated market are settled on the basis of the agreement between the selling exchange members and the buying exchange members, on a transaction by transaction basis. Transactions on the IDX cash market must be settled on the day of the transaction and reported to the IDX. If an exchange member defaults on the settlement of a transaction, the securities can be traded by direct negotiation on cash and carry terms. Each exchange member is required to pay a transaction fee as stipulated by the IDX. Any delay in payment of the transaction fee is subject to a fine of 1% of the outstanding amount for </FONT><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">each day of delay. The IDX may impose sanctions on its members for any violation of exchange rules, which may include fines, written warnings, suspension or revocation of licenses.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"></P></FONT><FONT style="FONT-SIZE: 2pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;

<P></P></DIV>

<P style="TEXT-ALIGN: center">- 87 -</P>

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

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">When conducting share transactions on the IDX, each exchange member is required to pay a transaction cost of 0.0</FONT><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=IN face="Times New Roman">18</FONT><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">% of the transaction value (for transactions on the regular market and cash market). For the negotiated market, a transaction cost depended on exchange policy. A </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">minimum monthly transaction fee of Rp20 million is applied as a contribution for the provision of exchange facilities and continues in effect for members who are suspended or Exchange Member Approval (&#8220;SPAB&#8221;) revoked.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Since the global financial crisis in the last quarter of 2008 that caused a typical share price movements, the IDX has applied a policy of auto rejection, a mechanism whereby share trading can be halted automatically in order to maintain orderly, fair and efficient trading. Following changes made by the IDX in October 2008 and January 2009, the auto rejection trigger levels are now 35% above or below the reference price for stocks in the Rp50 - Rp200 price range, 25% for stocks in the </FONT><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Rp200 to Rp5,000 range, and 20% for stocks priced above Rp5,000. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Auto rejection for trading in negotiated market arises when selling offer or buying request reaches of over 2 billion shares.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">On November 14, 2012, BEI has published Amendment II-A regarding number of Equity securities trading, which will take effect starting on January 2, 2013.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Trading on the NYSE and LSE</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">See Item 12 &#8220;Description of Securities Other Than Equity Securities&#8221;.</FONT></P>

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

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">D. &nbsp;&nbsp; SELLING STOCKHOLDERS</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Not applicable. </FONT></P>

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

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

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Not applicable. </FONT></P>

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

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">F. &nbsp;&nbsp; EXPENSES OF THE ISSUE</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Not applicable. </FONT></P>

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

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

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITEM 10. <A name="ADD_INF"></A>ADDITIONAL INFORMATION</FONT></B></P>

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

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A. &nbsp;&nbsp; SHARE CAPITAL</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Not applicable. </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">B. &nbsp;&nbsp; MEMORANDUM AND ARTICLES OF ASSOCIATION</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">Description of Articles of Association</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our Articles of Association are registered in accordance with the Limited Liability Company Law No.1&nbsp;of 1995, and approved by Ministerial Decree No.C2-7468.HT.01.04.TH.97&nbsp;of 1997. Pursuant to the issuance of the Company Law No.40 of 2007 which revoked Limited Liability Companies Law No.1&nbsp;of 1995, we have amended our Articles of Association&nbsp;which was&nbsp;approved by the Minister of Law and Human Rights of the Republic of Indonesia pursuant to Decree of the Minister of Justice and Human Rights No.AHU.46312.AH.01.02&nbsp;of 2008 dated July 31, 2008 and registered in State Gazette of the Republic of Indonesia No.84 dated October 17, 2008, Supplement to State Gazette No.20155.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Articles of Association were most recently amended for our flexibility to carry out business activities, the minimum requirement for GMS notification and invitation according to capital market laws and regulations, and editorial changes, pursuant to AGMS notarial deed No.30 dated June 7, 2012 made before Notary Ashoya Ratam, S.H., MKn. Notice of the amendment of articles was accepted by the Minister of Law and Human Rights of the Republic of Indonesia through Letter No. AHU-AH.01.10-34558 on September 24, 2012.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Under Article 3 of the Articles of Association, our business is to provide telecommunications networks and telecommunications and information services, and to optimize our resources, with due attention to the prevailing laws and regulations. To attain the aforementioned objectives, we may undertake business activities that incorporate the following:</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">1.</FONT></B><B><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Main Business</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">a.</FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">To plan, build, deliver, develop, operate, market/sell/lease, and maintain telecommunications and information networks in the broadest sense with respect to provisions of laws and regulations.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 11pt" lang=EN-US face="Times New Roman">b.</FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">To plan, develop, deliver, market/sell and improve telecommunications and information services in the broadest sense with respect to provisions of laws and regulations.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US 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="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2.</FONT></B><B><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Supporting Business</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">a.</FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">To provide payment transaction and remittance services via telecommunications and information networks.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">b.</FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">To carry out activities and other undertakings in respect of optimizing our resources, among others the utilization of our property and equipment and moveable assets, information system facilities, education and training facilities, and maintenance and repair facilities.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In accordance with the Company Law, we have a Board of Commissioners and a Board of Directors. The two Boards are separate and no individual may be a member of both Boards. Each Director receives a bonus if we surpass certain financial and operating targets, the amounts of which are determined by the shareholders at the AGMS.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Articles state that any transaction involving a conflict of interest between our Company and our Directors, Commissioners and shareholders should be approved by a shareholders meeting, where approval is required from more than half of the votes of the independent shareholders.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Board of Directors is responsible for leading and managing our Company in accordance with our objectives and purposes and to control, preserve and manage the assets of our Company.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Articles do not contain any requirement for the Directors to: (i) retire by a specified age, or (ii) to own any or a specified number of shares of our Company. The rights, preferences and restrictions attaching to each class of the shares of our Company in respect of specified matters are set forth below:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Dividend rights</FONT></I><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. Dividends are to be paid based upon our financial condition and in accordance with the resolution of the shareholders in a general meeting, which will also determine the form of and time for payment of the dividend;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Voting rights</FONT></I><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. The holder of each voting share is entitled to one vote at a GMS;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Rights to share in our Company&#8217;s profits</FONT></I><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. See dividend rights;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Rights to share in any surplus in the event of liquidation</FONT></I><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. Stockholders are entitled to surplus in the event of liquidation in accordance with their proportion of shareholding, provided the nominal value of the common stock that they hold is fully paid-up;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Redemption provisions</FONT></I><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. There are no stock redemption provisions in our Articles. However, based on Article 3</FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=IN face="Times New Roman">7&nbsp;</FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> of the&nbsp; Company Law, we may buy back up to 10% of our issued and outstanding shares;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Reserved fund provisions</FONT></I><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. Retained earnings up to a minimum of 20% of our issued capital are to be set aside to cover potential losses suffered by us. If the amount in the reserved fund exceeds 20% of our issued capital, a GMS may authorize us to utilize such excess funds </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">for the purposes of our Company</FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">;&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Liability for further capital calls</FONT></I><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. Our shareholders may be asked to subscribe for new shares in our Company from time to time. Such rights are to be offered to shareholders prior to being offered to third parties and may be transferred at the option of the shareholder. The Board of Directors is authorized to offer the new shares to third parties in the event that an existing shareholder is unable or unwilling to subscribe for such new shares; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><I><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Provisions discriminating against any existing or prospective holder of such securities because of such shareholder owning a substantial number of shares</FONT></I><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. The Articles do not contain any such provision.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In order to change the rights of shareholders, an amendment to the relevant provisions of the Articles would be required. Any amendment to the Articles requires the holder of the Series A Dwiwarna Share and the other shareholders or their authorized proxies jointly representing at least two thirds (2/3) of the total number of votes cast in the meeting.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Any GMS may only be convened upon the issuance of the requisite notice by us. In addition, the Board of Directors may issue such notice and convene an EGMS based on a written request by the Board of Commissioners or one or more shareholders holding at least 10% of our shares. </FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The notice is to be published in at least two newspapers in Indonesia having general circulation within Indonesia and other media in accordance with the provisions of Indonesian capital markets rules and regulations. <FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Such announcement/notice of a GMS is required to be given to shareholders at least 14 days (excluding the date of the notice and the date of the invitation) prior to the invitation for the GMS.</FONT> <FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The invitation for the GMS is also required to be published </FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">in at least two newspapers in Indonesia having general circulation within Indonesia and other media in accordance with the provisions of Indonesian capital marketsrules and regulations</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">at least 14 days (excluding the date of the invitation and the date of the meeting) prior to the GMS</FONT>. <FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The quorum for AGMS or EGMS is shareholders </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">representing more than half of the total shares with voting rights issued by us.</FONT> <FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">In case the quorum is not reached, then the invitation to the second meeting can be made without prior announcement/notice that a invitation to a meeting will be made. <FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">In case the quorum is not reached, then the invitationto the second meeting can be made without prior announcement/notice that a invitation to a meeting will be made.</FONT> <FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Such invitation to the meeting is required to be served at least seven days prior to the second meeting (not including the date of the invitationto the meeting and the date of the meeting).</FONT> <FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The second meeting will be valid and may pass binding resolutionsif attended byshareholders representing at least one third of the total shares with validvoting rights. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">In case the quorum is not reached at the second meeting, </FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">a third meeting may be held, at the Company&#8217;s request, with the quorum of attendance to be determined by the Chairman of OJK in accordance with the provisions of the laws.</FONT></FONT></FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Stockholders may vote by proxy. All resolutions are to be passed by consensus. If consensus cannot be reached, resolutions are passed by simple majority, unless a larger majority is required by the Articles. The Articles do not contain any limitations on the right of any person, to own our shares </FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">or to exercise their right to vote</FONT><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. Indonesian capital market regulations do not contain any limitation on the right of any person, whether local or foreign, to own shares in a company listed on the IDX.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Any takeover of our Company is required to be approved by the holder of the Series A Dwiwarna Share and a majority constituting at least three fourths of the total number of shares at a GMS that must be attended by the holder of the Series A Dwiwarna Share. There are no other provisions in the Articles that would have the effect of delaying, deferring or preventing a change in control of our Company. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Each Director and Commissioner has an obligation to report to OJK with regard to their ownership and any changes in their ownership of our Company, and this obligation also applies to shareholders who have an ownership stake of 5% or more in our paid up capital. We believe that the Articles are not significantly different from those generally prevailing in Indonesia in respect of companies listed on the IDX <FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(other than with respect to provisions and rights relating to the Dwiwarna Share, which are common for SOEs listed on the IDX)</FONT>. We also believe that the provisions in the Articles relating to changes in our capital are not more stringent than that required by Indonesian law.</FONT></P>

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<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">C. &nbsp;&nbsp; MATERIAL CONTRACTS</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In 2012 and 2011, we did not enter into any new material contracts nor did we amend any existing material contracts, other than contracts entered into or amended in the ordinary course of business.</FONT></P>

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<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">D. &nbsp;&nbsp; EXCHANGE CONTROLS</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">See Item 3 &#8220;Key Information &#8211; Exchange Controls&#8221; included elsewhere in this Form 20-F.</FONT></P>

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

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The following summary contains a description of the principal Indonesian and US federal tax consequences of the purchase, ownership and disposition of ADSs or shares of common stock. This summary does not purport to be a complete description of all of the tax considerations that may be relevant to a decision to purchase, own or dispose of ADSs or shares of common stock.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Investors should consult their tax advisors about the Indonesian and US Federal, state and local tax consequences to them of the purchase, ownership and disposition of ADSs or shares of common stock.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">a.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Indonesian Taxation </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The following is a summary of the principal Indonesian tax consequences of the ownership and disposition of common stock or ADSs to a non-resident individual or non-resident entity that holds common stock or ADSs (a &#8220;Non-Indonesian Holder&#8221;). A &#8220;non-resident individual&#8221; is a foreign national individual who does not reside or intend to reside in Indonesia and is not physically present in Indonesia at the most 183 days within 12 month period, during which period such non-resident individual receives income in respect of the ownership or disposition of common stock or ADSs and a &#8220;non-resident entity&#8221; is a corporation or a non-corporate body that is established, domiciled or organized under the laws of a jurisdiction other than Indonesia and does not have a fixed place of business or otherwise conducts business or carries out activities through a permanent establishment in Indonesia during an Indonesian tax year in which such non-resident entity receives income in respect of the ownership or disposition of common stock or ADSs. In determining the residency of an individual or entity, consideration will be given to the provisions of any applicable double taxation treaty to which Indonesia is a party.</FONT></P>

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<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 face="Times New Roman">1.</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Dividends&nbsp;</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Dividends declared by us out of retained earnings and distributed to a Non-Indonesian Holder in respect of common stock or ADSs are subject to Indonesian withholding tax, which, as of the date of this Annual Report is at the rate of 20%, on the amount of the distribution (in the case of cash dividends) or on the shareholders&#8217; proportional share of the value of the distribution. A lower rate provided under double taxation treaties may be applicable provided the recipient is able to comply with the following strict requirements: (i) the recipient of the income is the beneficial owner of the dividends, (ii) the recipient of the income must have submitted a specific form set by the Indonesian Tax Office acting as a Certificate of Residency (the &#8220;Certificate of Residency&#8221;) that is filled in by the recipient of the income and validated by the competent authority of the country where the recipients are resident and (iii) the recipient of the income does not misuse the tax treaty as set out in the provision on the prevention of misuse the tax treaty. Indonesia has concluded double taxation treaties with a number of countries, including Australia, Belgium, Canada, France, Germany, Japan, Malaysia, the Netherlands, Singapore, Sweden, Switzerland, the United Kingdom and the United States of America. Under the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">US-Indonesia double taxation treaty, the withholding tax on dividends is generally, in the absence of a 25% voting interest, reduced to 15%.</FONT></P>

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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Capital Gains</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The sale or transfer of common stock through the&nbsp;IDX is subject to a final withholding tax at the rate of 0.1% of the value of the transaction. The broker executing the transaction is obligated to withhold such tax. The holding of founder shares or the sale or transfer of founder shares through an IDX may, under current Indonesian tax regulations, be subject to additional 0.5% final income tax.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Subject to the promulgation of implementing regulations, the estimated net income received or accrued from the sale of movable assets in Indonesia, which may include common stock not listed on an IDX or ADSs, by a Non-</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Indonesian holder (with the exception of the sale of assets under Article 4 paragraph (2) of the Indonesian income tax law) may be subject to Indonesian withholding tax at the rate of 20%. In 1999, the Ministry of Finance issued a decision that stipulates the estimated net income for the sale of shares received by a non-resident taxpayer in a non-public company to be 25% of the sale price, resulting in an effective withholding tax rate of 5% of the sales price. This is a final withholding tax and the obligation to pay lies with the buyer (if it is an Indonesian taxpayer) or our Company (if the buyer is a non-resident taxpayer). Exemption from withholding tax on income from the sale of shares in a non-public company may be available to non-resident sellers of shares depending on the provisions of the relevant double taxation treaties. In order to benefit from the exemption under the relevant double taxation treaty, the non-resident seller must provide a specific form set by the Indonesian Tax Office acting as a Certificate of Residence that is completed by the recipient of the income and validated by the competent authority of the country where the recipients are resident to the buyer or our Company and to the Indonesian Tax Office that has jurisdiction over the buyer or our Company (if the buyer is a non-resident taxpayer).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In cases where a purchaser or Indonesian broker will be required under Indonesian tax laws to withhold tax on payment of the purchase price for common stock or ADSs through the IDX, theoretically, that payment may be exempt from Indonesian withholding or other Indonesian income tax under applicable double taxation treaties to which Indonesia is a party (including the US-Indonesia double taxation treaty). However, except for the sale or transfer of shares in a non-public company, the current Indonesian tax regulations do not provide specific procedures for removing the purchaser&#8217;s or Indonesian broker&#8217;s obligation to withhold tax from the proceeds of such sale. To take advantage of the double taxation treaty relief, Non-Indonesian Holders may have to seek a refund from the Indonesian Tax Office through the IDX by making a specific application accompanied by a specific form set by the Indonesian Tax Office acting as a Certificate of Residency that is filled in by the recipient of the income and validated by the competent authority of the country where the recipients are resident.</FONT></P>

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<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 face="Times New Roman">3.</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Stamp Duty</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Stock transactions in Indonesia are subject to stamp duty. Pursuant to Government Regulation No. 24/2000 on the amendment and the amount of stamp duty rates Imposing Limits Imposed Price Nominal stamp duty, a transaction of up to Rp1,000,000 needs a stamp duty of Rp3,000, while any transaction of more than Rp1,000,000 needs a stamp duty of Rp6,000.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US 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 face="Times New Roman">b.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Considerations Regarding Certain US Federal Income Tax</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Pursuant to requirements relating to practice before the Internal Revenue Service, any tax advice in this communication (including any attachments) is not intended to be used and cannot be used, for the purpose of (i) avoiding penalties imposed under the US Internal Revenue Code, or (ii) promoting, marketing, or recommending to another person any tax-related matter.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The following is a summary of certain US federal income tax considerations relating to the acquisition ownership and disposition of ADSs or common stock by US Holders (as defined below) that hold their ADSs or common stock as &#8220;capital assets&#8221; (generally, property held for investment) under section 1221 of the US Internal Revenue Code (the &#8220;Tax Code&#8221;). This summary is based upon existing US federal income tax law, which is subject to differing interpretations or change, possibly with retroactive effect.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">This summary does not discuss all aspects of US federal income taxation which may be important to particular investors in light of their individual investment circumstances, including investors subject to special tax rules (for example, financial institutions, insurance companies, broker-dealers, partnerships and their partners, and tax-exempt organizations (including private foundations), holders who are not US Holders, investors that will hold ADSs or common stock as part of a straddle, hedge, conversion, constructive sale, or other integrated transaction for US federal income tax purposes, or investors that have a functional currency other than the US Dollar, all of whom may be subject to tax rules that differ significantly from those summarized below. In addition, this summary does not discuss any US federal estate and gift tax considerations, or state, local, or non-US tax considerations. Each holder is </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">urged to consult their tax advisors regarding the US federal, state, local and non-US income, and other tax considerations of their investment in the ADSs or common stock.</FONT></P>

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<P style="MARGIN-LEFT: 0.25in"><FONT></FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">For purposes of this summary, a &#8220;US Holder&#8221; is a beneficial owner of ADSs or common stock that is, for US federal income tax purposes, (i) an individual who is a citizen or resident of the US, (ii) a corporation, or other entity treated as a corporation for US federal income tax purposes, created in, or organized under the laws of, the US or any state or the District of Columbia, (iii) any entity created or organized in or under the laws of any other jurisdiction if treated as a domestic corporation pursuant to the Tax Code, (iv) an estate the income of which is includible in gross income for US federal income tax purposes regardless of its source, or (v) a trust (A) the administration of which is subject to the primary supervision of a US court and which has one or more US persons who have the authority to </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">control all substantial decisions of the trust or (B) that has otherwise elected to be treated as a US person under the Tax Code.</FONT></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">If a partnership (or other entity treated as a &#8220;tax transparent&#8221; entity for US tax purposes) is the beneficial owner of ADSs or common stock, the tax treatment of a partner in the partnership (or interest holder in the &#8220;tax transparent&#8221; entity) will generally depend upon the status of the partner (or interest holder) and the activities of the partnership (or &#8220;tax transparent&#8221; entity). For US federal income tax purposes, US Holders of ADSs will be treated as the beneficial owners of the underlying Common Stock represented by the ADSs.</FONT></P>

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<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 face="Times New Roman">1.</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Threshold Passive Foreign Investment Company (&#8220;PFIC&#8221;) Classification Matters</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A non-US corporation, such as our Company, will be treated as a PFIC, for US federal income tax purposes, if 75% or more of its gross income consists of certain types of &#8220;passive&#8221; income or 50% or more of its assets are passive. Based on our 2012 income and assets, we do not believe that we should be classified as a PFIC for 2012. Because PFIC status is a fact-intensive determination made on an annual basis, no assurance can be given that we are not or will not become classified as a PFIC. The discussion below under &#8220;Dividends&#8221; and &#8220;Sale or Other Disposition of ADSs or common stock&#8221; is written on the basis that we will not be classified as a PFIC for US federal income tax purposes.</FONT></P>

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<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 face="Times New Roman">2.</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Dividends&nbsp;</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Any cash distributions paid by us out of earnings and profits, as determined under US federal income tax principles, will be subject to tax as dividend income and will be includible in the gross income of a US Holder upon receipt. A non-corporate recipient of dividend income will generally be subject to tax on dividend income from a &#8220;qualified foreign corporation&#8221; at a maximum US federal tax rate of 15% rather than the marginal tax rates generally applicable to ordinary income provided that certain holding period requirements are met. Note that as from January 1, 2011, dividends from a qualified foreign corporation are treated as ordinary income with a maximum tax rate of 39.6% for non-corporate recipients of dividends received after the end of 2010. A non-US corporation (other than a PFIC) generally will be considered to be a qualified foreign corporation (i) if it is eligible for the benefits of a comprehensive tax treaty with the US which the Secretary of Treasury of the US determines is satisfactory for purposes of this provision and which includes an exchange of information program or (ii) with respect to any dividend it pays on stock (or ADSs backed by such stock) which is readily tradable on an established securities market in the US. There is currently a tax treaty in effect between the US and Indonesia which the Secretary of Treasury has determined is satisfactory for these purposes and we believe that we should be eligible for the benefits of the treaty. Additionally, because the ADSs are listed on the NYSE, an established securities market in the US, they are considered readily tradable on that exchange.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The amount of any cash distribution paid in Rupiah should equal the US Dollar value of such Rupiah on the date of receipt of the distribution, regardless of whether the Rupiah are actually converted into US Dollar at that time. Gain or loss, if any, recognized on a subsequent sale, conversion, or other disposition of Rupiah generally will be US source ordinary income or loss. Dividends received on the ADSs or common stock will generally not be eligible for the dividends received deduction allowed to corporations.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Dividends generally will be treated as income from foreign sources for US foreign tax credit purposes. A US Holder may be eligible, subject to a number of complex limitations, to claim a foreign tax credit in respect of any foreign withholding taxes imposed on dividends received on ADSs or common stock. A US Holder who does not elect to claim a foreign tax credit for foreign tax withheld, may instead claim a deduction, for US federal income tax purposes, in respect of such withholdings, but only for a year in which such holder elects to do so for all creditable foreign income taxes.</FONT></P>

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<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 face="Times New Roman">3.</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Sale or Other Disposition of ADSs or Common Stock</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A US holder will generally recognize capital gain or loss upon the sale or other disposition of ADSs or common stock in an amount equal to the difference between the amount realized upon the disposition and the holder&#8217;s adjusted tax basis in such ADSs or common stock. Any capital gain or loss will be long-term if the ADSs or Common Stock have been held for more than one year and will generally be US source gain or loss for US foreign tax credit purposes. The deductibility of a capital loss is subject to limitations.</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<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 face="Times New Roman">4.</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">PFIC Considerations</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">If we were to be classified as a PFIC in any taxable year, a US Holder would be subject to special rules generally intended to reduce or eliminate any benefits from the deferral of US federal income tax that a US Holder could derive from investing in a non-US company that does not distribute all of its earnings on a current basis. In such event, a US Holder may be subject to tax at ordinary income tax rates on (i) any gain recognized on the sale of ADSs or common stock and (ii) any &#8220;excess distribution&#8221; paid on ADSs or common stock (generally, a distribution in excess of 125% of the average annual distributions paid by us in the three preceding taxable years). In addition, a US Holder will be subject to an interest charge on such gain or excess distribution. Finally, the 15% maximum rate on Company dividends would not apply if we become classified as a PFIC. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Each US Holder is urged to consult its tax advisor regarding the potential tax consequences to such holder if we are or become classified as a PFIC, as well as certain elections that may be available to mitigate such consequences.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</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 face="Times New Roman">5.</FONT></I></B><B><I><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Backup Withholding Tax and Information Reporting Requirements</FONT></I></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">US backup withholding tax and information reporting requirements generally apply to certain payments to certain non corporate holders of stock. Information reporting generally will apply to payments of dividends on and to proceeds from the sale or redemption of, ordinary shares made within the US or by a US payor or US middleman to a holder of ordinary shares (other than an &#8220;exempt recipient,&#8221; including a corporation, a payee that is not a US person that provides an appropriate certification and certain other persons). A payor will be required to withhold backup withholding tax from any payments of dividends on, or the proceeds from the sale or redemption of, ADSs or common stock within the US or by a US payor or US middleman to a holder, other than an exempt recipient, if such holder fails to furnish its correct taxpayer identification number or otherwise fails to comply with, or establish an exemption from, such backup withholding tax requirements. The backup withholding tax rate is 25% for years through 2012. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The backup withholding tax is not an additional tax and may be credited against a US holder&#8217;s regular US federal income tax liability or, if in excess of such liability, refunded by the Internal Revenue Service (&#8220;IRS&#8221;) if a timely refund claim is filed with the IRS. Copies of any information returns or tax returns for claims for refund filed by non-US Holders with the IRS may be made available by the IRS, under the provisions of a specific treaty or other agreement providing for information exchange, to the taxing authorities of the country in which a non-US Holder resides.</FONT></P>

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<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">F. &nbsp;&nbsp; DIVIDENDS AND PAYING AGENTS</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Not applicable. </FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">G. &nbsp;&nbsp; STATEMENT BY EXPERTS</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Not applicable. </FONT></P>

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<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">H. &nbsp;&nbsp; DOCUMENTS ON DISPLAY</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Any material which is filed as an exhibit to this Annual Report on Form 20-F with the US Securities and Exchange Commission is available for inspection at our offices. See Item 4 &#8220;Information on the Company&#8221;.</FONT></P>

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

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Not applicable. </FONT></P>

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<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITEM 11. <A name="QQDAM"></A>QUANTITATIVE AND QUALITATIVE DISCLOSURE ABOUT MARKET RISK</FONT></B></P><FONT style="FONT-SIZE: 10pt">

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=EN-US face="Times New Roman">General</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=EN-US face="Times New Roman">We are exposed to market risks that arise from changes in exchange rates, interest rates, credit risk and liquidity risk, each of which will have an impact on us. We do not generally hedge our long-term liabilities in foreign currencies but hedge our obligations for the current year. As of December 31, 2012, assets in foreign currencies reached 71.9% against our liabilities denominated in foreign currencies. Our exposure to interest rate risk is managed through a mix of fixed and variable rate liabilities and assets, including short-term fixed rate assets. Our exposure to such market risks fluctuated during 2010, 2011 and 2012 as the Indonesian economy was affected by changes in the US Dollar-Rupiah exchange rate and interest rates themselves. We are not able to predict whether such conditions will continue during 2013 or thereafter.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"></P><FONT lang=EN-US face="Times New Roman">We are exposed to foreign exchange risk on sales, purchases and borrowings that are denominated in foreign currencies, primarily in US Dollar and Japanese Yen. Our exposures to other foreign exchange rates are not material. Increasing </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">risks of foreign currency exchange rates on our obligations are expected to be offset by time deposits and receivables in foreign currencies that are equal to at least 25% of the outstanding current liabilities.</FONT></FONT>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The information presented in the following table is based on assumptions of selling and buying rates in US Dollar as well as other currencies, which were quoted by Reuters on December 31, 2012 and applied respectively to monetary assets and liabilities. The buying and selling rates as of December 31, 2012 were Rp9,630 and Rp9,645 to US$1, respectively. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">However, we believe these assumptions and the information described in the following table may be influenced by a number of factors, including a fluctuation and/or depreciation of the Rupiah in the future.</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>Outstanding Balance</FONT></B></P><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>as of December 31, 2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>Expected Maturity Date</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>Foreign Currency</FONT></B></P><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"></FONT></FONT>

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

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>Rp Equiv.</FONT></B></P><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"></FONT></FONT>

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

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>2013&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>2014&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>2015&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>2016&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>2017&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>There After</FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>Fair Value</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black><SUP></SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><SUP><B><FONT color=black></FONT></B></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><SUP><B><FONT color=black></FONT></B></SUP>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>(Rp million)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">ASSETS<SUP> </SUP></FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Cash and Cash Equivalents<SUP> </SUP></FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">US Dollar<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>413&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>3,980,579&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>3,980,579&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>3,980,579</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Japanese Yen<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>1&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>148&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>148&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>148</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Others<SUP>(1)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>6&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>61,494&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>61,494&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>61,494</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>Other Current Financial Assets</FONT></B><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"></FONT></FONT><SUP><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black> </FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P>

   <P style="MARGIN: 0in 0in 0pt"></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P>

   <P></P>

   <P></P></FONT>

   <P></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P></FONT>

   <P></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">US Dollar<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>7&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>69,067&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>69,067&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>69,067</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>Trade Receivables</FONT></B><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"></FONT></FONT><SUP><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black> </FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P>

   <P style="MARGIN: 0in 0in 0pt"></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P>

   <P></P>

   <P></P></FONT>

   <P></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P></FONT>

   <P></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>Related Parties</FONT></B><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"></FONT></FONT><SUP><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black> </FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P>

   <P style="MARGIN: 0in 0in 0pt"></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P>

   <P></P>

   <P></P></FONT>

   <P></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P></FONT>

   <P></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">US Dollars<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>9&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>86,932&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>86,932&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>86,932</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>Third Parties</FONT></B><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"></FONT></FONT><SUP><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black> </FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P>

   <P style="MARGIN: 0in 0in 0pt"></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P>

   <P></P>

   <P></P></FONT>

   <P></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P></FONT>

   <P></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">US Dollars<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>75&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>721,819&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>721,819&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>721,819</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Others<SUP>(1)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>0.44&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>4,251&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>4,251&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>4,251</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>Other Receivables</FONT></B><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"></FONT></FONT><SUP><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black> </FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P>

   <P style="MARGIN: 0in 0in 0pt"></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P>

   <P></P>

   <P></P></FONT>

   <P></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P></FONT>

   <P></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">US Dollar<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>11,563&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>11,563&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>11,563</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Others<SUP>(1)</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>0.06&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>573&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>573&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>573</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>Advances and Other Non-current Assets</FONT></B><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"></FONT></FONT><SUP><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black> </FONT></SUP></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

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   <P></P>

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   <P></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P></FONT>

   <P></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">US Dollar<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>10&nbsp;</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>95,385&nbsp;</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt">-</FONT><FONT style="FONT-FAMILY: Times New Roman">&nbsp;</FONT></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>95,385</FONT></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>95,385</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>LIABILITIES</FONT></B><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"></FONT></FONT><SUP><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black> </FONT></SUP></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

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<TR style="HEIGHT: 2.15pt">

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>Trade Payables</FONT></B><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"></FONT></FONT><SUP><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black> </FONT></SUP></P></TD>

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<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>Related Parties</FONT></B><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"></FONT></FONT><SUP><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black> </FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P>

   <P style="MARGIN: 0in 0in 0pt"></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P>

   <P></P>

   <P></P></FONT>

   <P></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P></FONT>

   <P></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">US Dollar<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>1&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>14,361&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>14,361&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>14,361</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>Third Parties</FONT></B><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"></FONT></FONT><SUP><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black> </FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P>

   <P style="MARGIN: 0in 0in 0pt"></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P>

   <P></P>

   <P></P></FONT>

   <P></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P></FONT>

   <P></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">US Dollar<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>320&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>3,096,063&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>3,096,063&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>3,096,063</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Others<SUP>(1) </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>2&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>23,253&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>23,253&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>23,253</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>Other Payables</FONT></B><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"></FONT></FONT><SUP><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black> </FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P>

   <P style="MARGIN: 0in 0in 0pt"></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P>

   <P></P>

   <P></P></FONT>

   <P></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P></FONT>

   <P></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">US Dollar<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>0.92&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>8,858&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>8,858&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>8,858</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Others<SUP>(1) </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>0.13&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>1,251&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>1,251&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>1,251</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>Accrued Expenses</FONT></B><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"></FONT></FONT><SUP><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black> </FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P>

   <P style="MARGIN: 0in 0in 0pt"></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P>

   <P></P>

   <P></P></FONT>

   <P></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P></FONT>

   <P></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">US Dollar<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>75&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>725,784&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>725,784&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>725,784</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Japanese Yen<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>33&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>3,677&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>3,677&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>3,677</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Others<SUP>(1) </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>3&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>29,152&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>29,152&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>29,152</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>Advances from Customers and Suppliers</FONT></B><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"></FONT></FONT><SUP><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black> </FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P>

   <P style="MARGIN: 0in 0in 0pt"></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P>

   <P></P>

   <P></P></FONT>

   <P></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P></FONT>

   <P></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">US Dollar<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>0.80&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>7,669&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>7,669&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>7,669</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Others<SUP>(1) </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>0.20&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>1,885&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>1,885&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>1,885</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="20%"><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=#000000></FONT></B></P></FONT></FONT>

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=#000000><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt">Short term bank loan</FONT></FONT></FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#000000> </FONT></SUP></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P>

   <P style="MARGIN: 0in 0in 0pt"></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P>

   <P></P>

   <P></P></FONT>

   <P></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P></FONT>

   <P></P></TD></TR>

<TR>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="20%"><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=#000000></FONT></B></P></FONT></FONT>

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT color=#000000><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt">US Dollar<SUP></SUP> </FONT></FONT></FONT><SUP></SUP></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>0.42</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>4,091</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>4,091</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>-</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>-</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>-</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>-</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%" align=right><FONT style="FONT-FAMILY: Times New Roman">

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P></FONT>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt">-</FONT></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%" align=right><FONT style="FONT-FAMILY: Times New Roman">

   <P style="MARGIN: 0in 0in 0pt" align=right></P><FONT style="FONT-FAMILY: Times New Roman"><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt" align=right></P><FONT style="FONT-SIZE: 10pt">

   <P><FONT style="FONT-SIZE: 10pt"></FONT></P></FONT>

   <P></P></FONT></FONT>

   <P></P></FONT></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%" align=right><FONT style="FONT-FAMILY: Times New Roman"></FONT>

   <P style="MARGIN: 0in 0in 0pt" align=right></P><FONT style="FONT-FAMILY: Times New Roman"><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt"></FONT></P></FONT>

   <P></P><FONT style="FONT-SIZE: 10pt">4,091</FONT></FONT>

   <P></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>Current Maturities of Long-term Liabilities</FONT></B><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"></FONT></FONT><SUP><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black> </FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P>

   <P style="MARGIN: 0in 0in 0pt"></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P>

   <P></P>

   <P></P></FONT>

   <P></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P></FONT>

   <P></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">US Dollar<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>31&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>297,386&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>297,386&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>331,624</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Japanese Yen<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>768&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>85,882&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>85,882&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>115,251</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>Promissory Notes</FONT></B><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"></FONT></FONT><SUP><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black> </FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P>

   <P style="MARGIN: 0in 0in 0pt"></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P>

   <P></P>

   <P></P></FONT>

   <P></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P></FONT>

   <P></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">US Dollar<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>68&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>661,062&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>432,284&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>191,726&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>37,052&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>667,109</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>Long-term Liabilities</FONT></B><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"></FONT></FONT><SUP><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>(2)&nbsp;</FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000></FONT></P>

   <P style="MARGIN: 0in 0in 0pt"></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P>

   <P></P>

   <P></P></FONT>

   <P></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right></P><FONT color=#000000>

   <P style="MARGIN: 0in 0in 0pt"></P></FONT>

   <P></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">US Dollar<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>113&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>1,090,517&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>334,658&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>275,251&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>189,940&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>121,997&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>168,671&nbsp;</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>1,105,913</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">Japanese Yen<SUP> </SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>8,447&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>944,700&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>85,882&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>85,882&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>85,882&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>85,882&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black>601,172&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=#000000>957,317</FONT></P></TD></TR></TABLE></DIV>

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

<DIV align=left>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" color=black face="Times New Roman">(1) Assets and liabilities denominated in other foreign currencies are presented as US Dollars equivalents using the exchange rates prevailing at end of the reporting period.</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" color=black face="Times New Roman">(2) Long-term liabilities for the purpose of this table consist of loans denominated in foreign currencies from two-step loans, obligation under finance leases and long-term bank loans.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=black 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=black face="Times New Roman">Interest Rate Risk</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Our exposure to interest rate fluctuations results primarily from changes to the floating rate applied for long-term debt. This risk relates to loans under the Government on-lending program that has been used to finance our capital expenditures. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Interest rate fluctuation is monitored to minimize any negative impact to financial position. Borrowings at variable interest rates expose </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Company and subsidiaries to interest rate risk. To measure market risk fluctuations in interest rates, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Company </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">and our subsidiaries </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">primarily use interest </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">margin&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> and maturity profile of the financial assets and liabilities based on changing schedule of the interest rate.</FONT></P>

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<P style="TEXT-ALIGN: center">- 94 -</P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The actual cash flows from our debt are denominated in Rupiah, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">US Dollar</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, Euro and Japanese Yen, as appropriate and as indicated in the table. The information presented in the table has been determined based on the following assumptions: (i) fixed interest rates on Rupiah time deposits are based on average interest rates offered for three month placements in effect as of December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2012&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> by the banks where such deposits were located; (ii) variable interest rates on Rupiah denominated long-term liabilities are calculated as of December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2012&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> and are based on contractual terms setting interest rates based on average rates for the preceding six months on three month certificates issued by Bank of Indonesia or based on the average three month deposit rate offered by the lenders; (iii) fixed interest rates on </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">US Dollar</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> deposits are </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">based on average interest rates offered for three month placements by the various lending institutions where such deposits are located as of December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2012&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> and (iv) the value of marketable securities is based on the value of such securities on December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">. However, these assumptions may change in the future. These assumptions are different from the rates used in our Consolidated Financial Statements; accordingly, amounts shown in the table may differ from the amounts shown in our Consolidated Financial Statements.</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Outstanding Balance </FONT></B></P><FONT style="FONT-SIZE: 10pt"></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">as of December 31, 2012</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=black face="Times New Roman">Expected Maturity Date</FONT></B></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"><SUP></SUP></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=black face="Times New Roman">Original Currency</FONT></B></P><FONT style="FONT-SIZE: 10pt"></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(million)</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=black face="Times New Roman">Rp Equiv.</FONT></B></P><FONT style="FONT-SIZE: 10pt"></FONT>

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

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

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&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=black face="Times New Roman">2013&nbsp;</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=black face="Times New Roman">2014&nbsp;</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=black face="Times New Roman">2015&nbsp;</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&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=black face="Times New Roman">2016&nbsp;</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT color=black face="Times New Roman"></FONT></B>&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=black face="Times New Roman">2017&nbsp;</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=black face="Times New Roman">There after</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=black face="Times New Roman">Fair Value</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><SUP><B><FONT color=black face="Times New Roman"></FONT></B></SUP>&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=black face="Times New Roman">(Rp million)</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">ASSETS<SUP> </SUP></FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

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<TR style="HEIGHT: 2.15pt">

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Fixed Rate<SUP> </SUP></FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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

<TR style="HEIGHT: 2.15pt">

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Cash and Cash Equivalents</FONT></B><FONT style="FONT-SIZE: 10pt"></FONT><SUP><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

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

<TR style="HEIGHT: 2.15pt">

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Time deposit</FONT></B><FONT style="FONT-SIZE: 10pt"></FONT><SUP><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></SUP></P></TD>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

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

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Rupiah</FONT></B><FONT style="FONT-SIZE: 10pt"></FONT><SUP><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">7,547,601&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">7,547,601&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">6.25</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">7,547,601&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">7,547,601&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">US Dollar</FONT></B><FONT style="FONT-SIZE: 10pt"></FONT><SUP><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">375&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,620,513&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1.76</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,620,513&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,620,513&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Available-for-Sale</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

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

<TR>

   <TD vAlign=top width="15%"><FONT style="FONT-SIZE: 10pt">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT color=#000000 face="Times New Roman"></FONT></B></P><SUP><FONT color=black face="Times New Roman"></FONT></SUP></FONT><B><FONT style="FONT-SIZE: 10pt"><FONT color=black face="Times New Roman">Financial Assets</FONT></FONT></B></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Rupiah<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">241,565&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">241,565&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">241,565&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">241,565&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">US Dollar<SUP> </SUP></FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

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

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">69,067&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <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>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">69,067&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <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>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" color=black face="Times New Roman"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">69,067&nbsp;</FONT></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">LIABILITIES</FONT></B><FONT style="FONT-SIZE: 10pt"></FONT><SUP><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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<TR style="HEIGHT: 2.15pt">

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Short-term Bank Loans</FONT></B><FONT style="FONT-SIZE: 10pt"></FONT><SUP><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></SUP></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Variable Rate</FONT></B><FONT style="FONT-SIZE: 10pt"></FONT><SUP><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></SUP></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Rupiah</FONT></B><FONT style="FONT-SIZE: 10pt"></FONT><SUP><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></SUP></P></TD>

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<TR style="HEIGHT: 2.15pt">

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   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Principal</FONT><FONT style="FONT-SIZE: 10pt"></FONT><SUP><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">33,047&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">33,047&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

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

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">33,047&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">33,047&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Interest<SUP> </SUP></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,811&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,811&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">10.92</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">3,811&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <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>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <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 style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">US Dollar</FONT></B><FONT style="FONT-SIZE: 10pt"></FONT><SUP><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

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

<TR style="HEIGHT: 2.15pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Principal<SUP> </SUP></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.42&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">4,091&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

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

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">4,091&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">-&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">-&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">-&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">-&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">-&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">4,091&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Interest</FONT><FONT style="FONT-SIZE: 10pt"></FONT><SUP><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">0.01&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">75&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

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

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">75&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <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 style="HEIGHT: 2.15pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">Long-term Liabilities<SUP> </SUP></FONT></B><FONT style="FONT-SIZE: 10pt"></FONT><SUP><FONT style="FONT-SIZE: 7pt" color=#000000 face="Times New Roman">(1)</FONT></SUP></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">Variable Rate<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

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

<TR style="HEIGHT: 2.15pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">Rupiah<SUP> </SUP></FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

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

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Principal</FONT><FONT style="FONT-SIZE: 10pt"></FONT><SUP><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">10,922,583&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">10,922,583&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">4,318,227&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,282,984&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2,195,103&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">493,556&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">329,643&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">303,070&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">11,006,856&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Interest</FONT><FONT style="FONT-SIZE: 10pt"></FONT><SUP><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></B></SUP></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,409,788&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" color=black face="Times New Roman"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,409,788&nbsp;</FONT></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">8.11</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">610,918&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">400,354&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">198,627&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">74,296&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">40,401&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">85,192&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">-&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">US Dollar<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#000000 face="Times New Roman"></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Principal</FONT><FONT style="FONT-SIZE: 10pt"></FONT><SUP><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></B></SUP></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">133&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,290,024&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <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>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">545,429&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">345,510&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">194,108&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">130,190&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">74,787&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,298,276&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Interest</FONT><FONT style="FONT-SIZE: 10pt"></FONT><SUP><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

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

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">79,225&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3.16</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">36,546&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">22,988&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">12,665&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">5,537&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,489&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <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 style="HEIGHT: 2.15pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Fixed Rate<SUP> </SUP></FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

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

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Rupiah<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

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

<TR style="HEIGHT: 2.15pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Principal</FONT><FONT style="FONT-SIZE: 10pt"></FONT><SUP><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></B></SUP></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,007,800&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 8pt" color=black face="Times New Roman"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,007,800&nbsp;</FONT></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

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

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">7,800&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,005,000&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <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>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,995,000&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3,355,029&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Interest</FONT><FONT style="FONT-SIZE: 10pt"></FONT><SUP><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,772,829&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,772,829</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">9.28&nbsp;</FONT>&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">301,201&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">308,561&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">244,620&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">203,271&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">204,755&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">510,421&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <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 style="HEIGHT: 2.15pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">US Dollar<SUP> </SUP></FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

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

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Principal</FONT><FONT style="FONT-SIZE: 10pt"></FONT><SUP><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">69&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">663,312&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

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

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">153,499&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">155,701&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">100,059&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">42,691&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">42,691&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">168,671&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">710,741&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Interest</FONT><FONT style="FONT-SIZE: 10pt"></FONT><SUP><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></B></SUP></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

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

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">92,523&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">4.14</FONT>&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">26,876&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">19,826&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">12,777&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">9,764&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">8,031&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">15,249&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <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 style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Japanese Yen<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

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

<TR style="HEIGHT: 2.15pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Principal</FONT><FONT style="FONT-SIZE: 10pt"></FONT><SUP><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></B></SUP></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">9,215&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,030,582&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

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

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">85,882&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">85,882&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">85,882&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">85,882&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">85,882&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">601,172&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,072,568&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Interest</FONT><FONT style="FONT-SIZE: 10pt"></FONT><SUP><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,786&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">199,720&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">3.10</FONT>&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">31,277&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">28,615&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">25,952&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">23,356&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">20,628&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">69,892&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <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 style="HEIGHT: 2.15pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Finance Leases<SUP> </SUP></FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

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

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Rupiah<SUP> </SUP></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

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

<TR style="HEIGHT: 2.15pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Principal</FONT><FONT style="FONT-SIZE: 10pt"></FONT><SUP><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></B></SUP></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2,228,341&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2,228,341&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <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>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">479,249&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">370,827&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">251,432&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">229,003&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">222,938&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">674,892&nbsp;</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2,228,341&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Interest</FONT><FONT style="FONT-SIZE: 10pt"></FONT><SUP><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">848,478&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">848,478&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">10.94&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">142,120&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">151,843&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">128,180&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">108,234&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">106,800&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">211,301&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <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 style="HEIGHT: 2.15pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">US Dollar<SUP> </SUP></FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

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

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Principal</FONT><FONT style="FONT-SIZE: 10pt"></FONT><SUP><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></B></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

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

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">95,629&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">30,742&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">25,173&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">18,136&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">17,059&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">4,519&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <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>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">95,629&nbsp;</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="15%"><FONT style="FONT-SIZE: 10pt">

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT color=#000000 face="Times New Roman"></FONT></P></FONT>

   <P style="MARGIN: 0in 0in 0pt 0.25in"><FONT color=black face="Times New Roman">Interest</FONT><SUP><B><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"> </FONT></B></SUP></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">-</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">-</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">-</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">-</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">-</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">-</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">-</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">-</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">-</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=#000000 face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">-</FONT></P></TD></TR></TABLE></DIV>

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

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<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt" color=black>(1) Long-term liabilities consist of loans which are subject to interest; namely two-step loans, bonds and notes&nbsp;&nbsp;and long-term bank loans, which in each case include their maturities.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 2pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 95 -</P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITEM 12. <A name="DSOTES"></A>DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Bank of New York Mellon (previously &#8220;The Bank of New York&#8221;) serves as the &#8220;Depositary&#8221; for our ADSs which are traded on the NYSE and LSE. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Investors pay a depositary fee directly or through a broker acting on their behalf for the delivery or surrender of ADSs for the purpose of withdrawal. The Depositary also collects fees for making distributions to investors by deducting the fee from the amount distributed or by selling a portion of the distributable property to pay the fee. The Depositary may collect its annual fee for depositary services by making a deduction from the cash distributions or by directly billing investors or by charging the book-entry system accounts of the parties acting on their behalf. The Depositary may refuse to provide fee-generating services until its bills for such services are paid.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Costs Related to ADS Issue and Handling </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>

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   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="48%">

   <P style="MARGIN: 3pt 0in"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt">Shareholders depositing or withdrawing ordinary shares or ADS must pay:</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="3%">

   <P style="MARGIN: 3pt 0in 3pt 1.2pt"><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.1pt"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="49%">

   <P style="MARGIN: 3pt 0in 3pt 1.2pt"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt">For:</FONT></B></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="48%">

   <P style="TEXT-ALIGN: justify; MARGIN: 3pt 0in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt">US$5 (or less) per 100 ADS (or part of 100 ADS).</FONT></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 3pt 0in"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.1pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="3%">

   <P style="MARGIN: 3pt 0in 3pt 1.2pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.1pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="49%">

   <P style="TEXT-ALIGN: justify; MARGIN: 3pt 0in 3pt 1.2pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt">Issuance of ADS, including issuance resulting from a distribution of shares or rights or other property.</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: justify; MARGIN: 3pt 0in 3pt 1.2pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt">Cancellation of ADS for the purpose of withdrawal, including in case of termination of the deposit agreement.</FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="48%">

   <P style="TEXT-ALIGN: justify; MARGIN: 3pt 0in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt">US$0.02 (or less) per ADS.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="3%">

   <P style="MARGIN: 3pt 0in 3pt 1.2pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.1pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="49%">

   <P style="TEXT-ALIGN: justify; MARGIN: 3pt 0in 3pt 1.2pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt">Any cash payment to registered ADS shareholders.</FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="48%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 3pt 0in"><FONT style="FONT-FAMILY: times new roman; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt">A fee equivalent to the fee payable if the securities distributed to shareholders had been shares and those shares had been deposited for the issuance of ADS.</FONT></P></TD>

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   <P style="MARGIN: 3pt 0in 3pt 1.2pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.1pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="49%">

   <P style="TEXT-ALIGN: justify; MARGIN: 3pt 0in 3pt 1.2pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt">Delivery of securities by the Depositary to registered ADS shareholders.</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 3pt 0in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt">US$0.02 (or less) per ADS per calendar year.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 3pt 0in 3pt 1.2pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt">Depositary services.</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 3pt 0in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt">Registration or transfer fees.</FONT></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 3pt 0in 3pt 1.2pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt">Transfer or registration of shares on the share register to or from the name of the Depositary or its agent when shareholders deposit or withdraw ordinary shares.</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 3pt 0in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt">Depositary Fees.</FONT></P>

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   <P style="MARGIN: 3pt 0in 3pt 1.2pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.1pt"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 3pt 0in 3pt 1.2pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt">Telegram, telex and fax transmissions (if provided for in the deposit agreement).</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: justify; MARGIN: 3pt 0in 3pt 1.2pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt">Converting foreign currency to US Dollar.</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 3pt 0in"><FONT style="FONT-FAMILY: times new roman; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt">Taxes and other duties levied by the government, the Depositary or the custodian upon payment of the ADS or other shares underlying the ADS, such as share transfer tax, stamp duty or income tax.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 3pt 0in 3pt 1.2pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt">As necessary.</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 3pt 0in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt">Any costs incurred by the Depositary or its agent for servicing the securities deposited.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 3pt 0in 3pt 1.2pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt">As necessary.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.1pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Depositary has agreed to reimburse us up to US$400,000 per year until 2015 for certain expenses we incur in relation to the administration and maintenance of the ADS facility, including, but not limited to, direct or indirect investor relations expenses and other ADS program-related expenses. The reimbursement will be evaluated and adjusted if the number of ADSs outstanding falls below a stipulated minimum or if they are delisted from the NYSE. We expect to renegotiate the reimbursement amount for subsequent years after 2015. In 2012, we received US$392,092.29 in reimbursements from the Depositary.</FONT></P>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">PART II</FONT></B></P>

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

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITEM 13. <A name="DDAAD"></A>DEFAULTS, DIVIDEND ARREARAGES AND DELINQUENCIES</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">There are no defaults, dividend arrearages and delinquencies to which this Item applies.</FONT></P>

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<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">ITEM 14. <A name="MMTTRSH"></A>MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND USE OF</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">PROCEEDS&nbsp;</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Not applicable. </FONT></P>

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<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">ITEM 15. <A name="CAP"></A>CONTROLS AND PROCEDURES</FONT></B></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">a.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Disclosure Controls and Procedures</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Under the supervision and with the participation of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Company&#8217;s </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">President Director, which is of the same level as </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Chief Executive Officer </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(&#8220;CEO&#8221;) </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Finance Director, which is of the same level as </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Chief Financial Officer</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> (&#8220;CFO&#8221;)</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, management conducted an evaluation of the effectiveness of our Company&#8217;s disclosure controls and procedures (as such term is defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;)), as of December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">. Based on this evaluation, our Company&#8217;s C</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">EO&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> and C</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">FO&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> have concluded that, as of December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">2012</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">our Company&#8217;s disclosure controls and procedures were effective. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Company&#8217;s disclosure controls and procedures include without limitation controls and procedures </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">that&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> are designed to ensure that information required to be disclosed in reports filed or submitted under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC&#8217;s rules and forms, and that such information is accumulated and communicated to our Company&#8217;s management, including the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">CEO and CFO</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, as appropriate, to allow timely decisions regarding required disclosure.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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=IN face="Times New Roman">b.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Management&#8217;s Report on Internal Control over Financial Reporting</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Management of our Company is responsible for </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">establishing&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> and maintaining adequate internal control over financial reporting, as such term is defined in Exchange Act Rules 13a-15(f) and 15d-15(f). </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Company&#8217;s internal control over financial reporting is a process designed by, or under the supervision of, our </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">CEO&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> and C</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">FO</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, and effected by </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">its B</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">oard of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">D</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">irectors, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of consolidated financial statements for external purposes in accordance with </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">IFRS as issued by the IASB</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> and includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of our Company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">consolidated&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> financial statements in accordance with </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">IFRS</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, and that receipt</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> and expenditures of our Company are being made only in accordance with authorizations of management and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">D</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">irectors of our Company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our Company&#8217;s assets that could have a material effect on the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">C</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">onsolidated </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">F</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">inancial </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">S</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">tatements.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Because of its inherent limitation</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">s</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, internal control over financial reporting may not prevent or detect </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">all </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that control</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 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 face="Times New Roman">Our</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> Company&#8217;s management ha</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> assessed the effectiveness of our Company&#8217;s internal control over financial reporting as of December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">. In making this assessment our Company&#8217;s management used the criteria set forth in Internal Control &#8211; Integrated Framework issued by the Committee of Sponsoring </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">O</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">rganizations of the Treadway </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Commission </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">(&#8220;COSO&#8221;). Based on this assessment, management concluded that as of December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, our Company&#8217;s internal control over financial reporting was effective.</FONT></P>

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

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">c.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Attestation Report </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">of&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> the Registered Public Accounting Firm</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">The effectiveness of our Company&#8217;s internal control over financial reporting as of December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> has been audited by Kantor Akuntan Publik </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Purwantono, Suherman</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman"> &amp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Surja</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">, an independent registered public accounting firm, as stated in their report which appears on pages&nbsp;F-3 and F-4</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">herein.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">d.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=IN face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Changes in Internal Control over Financial Reporting</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">There have been no significant changes in our Company&#8217;s internal control over financial reporting during the most recently completed fiscal year that would materially affect or are reasonably likely to materially affect, our Company&#8217;s internal control over financial reporting.</FONT></P>

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<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITEM 16A. <A name="ACFE"></A>AUDIT COMMITTEE FINANCIAL EXPERT</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Board of Commissioners has determined that Sahat Pardede, as an independent member of our Audit Committee, qualifies as an Audit Committee Financial Expert in accordance with the requirements of Item 16A of Form 20-F and as an &#8220;independent&#8221; member </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">pursuant&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> to the provisions of Rule 10A-3 of the Exchange Act. Mr. Pardede has been a member of our Audit Committee since February 2004. Prior to his appointment as a member of our Audit Committee, Sahat Pardede practiced and is currently practicing, as a Certified Public Accountant in Indonesia and provided auditing services and other financial services to numerous private companies and public institutions. He is a Certified Public Accountant and is also a member of the Indonesian Institute of Certified Public Accountants.</FONT></P>

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<P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITEM 16B. <A name="COE"></A>CODE OF ETHICS</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In compliance with <FONT style="LETTER-SPACING: 0.15pt; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">the Sarbanes-Oxley Act of 2002</FONT> Section 406, our code of ethics applies equally to our Commissioners, our President Director and our Finance Director (positions equivalent to Chief Executive Officer, respectively&nbsp;and Chief Financial Officer), Directors and other key officers as well as all of our employees. You may view our code of ethics on our web site at http://www.telkom.co.id/about-telkom/business-ethics. Amendments to or waivers from the code of ethics will be posted on our website as well.</FONT></P>

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<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITEM 16C. <A name="PAFAS"></A>PRINCIPAL ACCOUNTANT FEES AND SERVICES</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=EN-US color=windowtext face="times new roman">In line with existing procedures and taking into consideration the independence and qualifications of independent auditors, our Annual General Meeting of Shareholders (&#8220;AGMS&#8221;) on May 11, 2012 appointed the Public Accountant Firm (<FONT style="FONT-SIZE: 10pt" face="Times New Roman">or "</FONT>KAP") Purwantono, Suherman &amp; Surja (a member firm of Ernst &amp; Young Global Limited), a registered KAP with OJK, to perform the audit on our Consolidated Financial Statements for the fiscal year ended December 31, 2012 and on the Effectiveness of Internal Control on Financial Reporting as of December 31, 2012. The fee for the audit on the Consolidated Financial Statements for fiscal year 2012 and&nbsp;on the Effectiveness of Internal Control on Financial Reporting as of December 31, 2012&nbsp;was agreed at Rp26.6 billion (excluding VAT). The audit fee is excluding consent letter issuance fee to <FONT style="FONT-SIZE: 10pt" face="Times New Roman">KAP Tanudiredja, Wibisana &amp; Rekan </FONT>amounted to Rp4.4 billion. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=EN-US color=windowtext face="times new roman">KAP Purwantono, Suherman &amp; Surja has been our public accountant firm since 2012.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The independent auditor for our Consolidated Financial Statements for fiscal years 2010 and&nbsp;2011 was KAP Tanudiredja, Wibisana &amp; Rekan, a member firm of the PwC global network (&#8220;PwC&#8221;). </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=EN-US color=windowtext face="times new roman">KAP Purwantono, Suherman &amp; Surja is also assigned to perform an audit on funds utilization of the Partnership and Community Development Program (&#8220;PKBL&#8221;) for fiscal year 2012.</FONT></P>

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<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Fees and Services of the External Auditor</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.25pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">The following table summarizes the aggregate fees billed to us by KAP Tanudiredja, Wibisana &amp; Rekan in 2010 and 2011 and </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.25pt; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">KAP Purwantono, Suherman &amp; Surja</FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.25pt; FONT-SIZE: 10pt" lang=IN color=#003c7d face=gotham-book> </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.25pt; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=gotham-book>in </FONT><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: 0.25pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">2012, respectively:</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Years Ended December 31, <SUP></SUP></FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2010</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 7pt" color=black>(1)</FONT></SUP></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2011</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 7pt" color=black>(1)</FONT></SUP></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>2012</FONT></B><FONT style="FONT-SIZE: 7pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 7pt" color=black>(2)</FONT></SUP></P></TD></TR>

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

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(Rp million)</FONT></B></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Audit Fees</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">41,872&nbsp;<SUP> </SUP></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">40,503&nbsp;<SUP> </SUP></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>26,619&nbsp;</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><SUP><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black> </FONT></SUP></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Audit Related Fees</FONT></P></TD>

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

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

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

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Tax Service Fees</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">398&nbsp;<SUP> </SUP></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">70&nbsp;<SUP> </SUP></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>All Other Fees</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">400&nbsp;<SUP> </SUP></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">400&nbsp;<SUP> </SUP></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=black face="Times New Roman">326&nbsp;<SUP> </SUP></FONT></P></TD></TR></TABLE></DIV>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; LETTER-SPACING: 0.2pt; FONT-SIZE: 8pt" color=windowtext>(1) </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">Audited by KAP Tanudiredja, Wibisana &amp; Rekan</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 8pt">(2) Audited by KAP Purwantono, Suherman &amp; Surja</FONT></P></TD>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 9pt" lang=EN-US color=windowtext face="times new roman">.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext>Audit Committee Pre-Approval Policies and Procedures</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.2pt" lang=EN-US color=black>We have adopted pre-approval policies and procedures under which all non-audit services provided by our independent registered public accounting firm must be pre-approved by our Audit Committee, as set forth in the Audit Committee Charter. Pursuant to the charter, permissible non-audit services may be performed by our independent registered public accounting firm provided that: (a) our Board of Directors must deliver to the Audit Committee (through the Board of Commissioners) a detailed description of the non-audit service that is to be performed by the independent public accounting firm; and (b) the Audit <FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.2pt; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Committee will determine whether the proposed non-audit service will affect the independence of our independent public accounting firm or would give rise to any conflict of interest.</FONT></FONT></P></FONT></FONT>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.2pt; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; LETTER-SPACING: -0.2pt; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Pursuant to Section 10(i)(1)(B) of the Exchange Act and paragraph (c)(7)(i)(C) of Rule 2-01 of Regulation S-X issued there under, Audit Committee Charter waives the pre-approval requirement for permissible non-audit services where: (i) the aggregate amount of the fees for such non-audit services constitutes no more than five percent of the total amount of fees paid by us to our independent registered public accounting firm during the year in which the services are provided; or (ii) the proposed services are not regarded as non-audit services at the time the contract to perform the engagement is signed. In addition to these two requirements, the performance of non-audit services must be approved prior to the completion of the audit by a member of the Audit Committee who has been delegated pre-approval authority by the full Audit Committee or by the full Audit Committee itself</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">.&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITEM 16D. <A name="EFTLSFAC"></A>EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT COMMITTEES</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NYSE listing standards require that a US listed company must have an Audit Committee, a nominating/corporate governance committee and a compensation committee. Each of these committees must consist solely of Independent Directors and must have a written charter that addresses certain matters specified in the listing standards.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Indonesian Company Law does not require Indonesian public companies to form any of the committees described in the NYSE listing standards. However,&nbsp;Bapepam-LK Rule No.IX.I.5 and IDX Regulation I-A require the Board of Commissioners of an IDX- listed company (such as our Company) to establish an Audit Committee, which must consist of at least three members, one of whom must be an Independent Commissioner and serve as chair of the Audit Committee, while the other two members must be independent parties of whom at least one such party must have accounting and/or finance expertise.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Our Audit Committee has six members: two Independent Commissioners, one Commissioner, and three external independent members who are not affiliated with our Company.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The NYSE Listing Standards as required by Rule 10A-3(c)(3) of the Exchange Act require foreign private issuers whose shares are listed on the NYSE to have an Audit Committee comprised of Independent Directors. However, such foreign private issuers may be exempted from the independence requirement if (i) the home country government or stock exchange requires the company to have an Audit Committee; (ii) the Audit Committee is separate from the Board of Directors and includes non-board members as in our case, members from the Board of Commissioners; (iii) the Audit Committee members are not selected by management and no executive officers of the company is a member of the Audit Committee; (iv) the home country government or stock exchange requires the Audit Committee to be independent of the company&#8217;s management and (v) the Audit Committee is responsible for appointment, retention and oversight the work of the external auditor. We avail ourselves of this exemption and document this on our Section 303A Annual Written Affirmations submitted to the NYSE. However, unlike the NYSE Listing Standards requirements, according to the current provisions for Audit Committees in Indonesia, our Audit Committee does not have direct responsibility for the appointment, compensation and retention of the external auditor. Our Audit Committee may only recommend the appointment of the external auditor to the Board of Commissioners and the Board of Commissioner&#8217;s decision must have the approval of the shareholders.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Not all members of our Audit Committee are Independent Directors as required by Rule 10A-3 of the Exchange Act. We rely on the general exemption pursuant to Rule 10A-3(c)(3) regarding the composition of the Audit Committee. We believe that our reliance on this exemption does not materially and adversely affect the ability of the Audit Committee to act independently. We believe that the intent of the provision in requiring that each member of the Audit Committee be an Independent Director is to ensure that the Audit Committee is independent from influence by management and provides a forum separate from management in which auditors and other interested parties can candidly discuss concerns. The Bapepam-LK Audit Committee Rules require each member of the Audit Committee to&nbsp;be independent. The Bapepam-LK Audit Committee Rules also require that at least two of the members, the external independent members, in effect be independent not only of the management but also of the Board of Commissioners and Board of Directors and our Company as a whole. We therefore believe that the standard established by the Bapepam-LK Audit Committee Rules is at least equally effective in ensuring the ability of the Audit Committee to act independently.</FONT></P>

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<P style="MARGIN: 0in 0in 0pt" align=center>- 99 -</P>

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<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITEM 16E. <A name="POESTIAAP"></A>PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED PURCHASERS</FONT></B></P>

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   <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">Period</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=IN color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

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   <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">Total Number of Share Purchased</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" lang=IN color=black face="Times New Roman">Average Price Paid per Share in Rp</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" lang=IN color=black face="Times New Roman">Total Number of Shares Purchased as Part of Publicly Announced Plans</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" lang=IN color=black face="Times New Roman">Maximum Number of Shares that May Yet Be Purchased Under the Plans</FONT></B></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">1,007,999,964&nbsp;</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">SBB I</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">2006&nbsp;</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">118,376,500&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">8,044&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">118,376,500&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">889,623,464&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">SBB II</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">2007&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">126,364,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">9,689&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">244,740,500&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">763,259,464&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">SBB III</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">2008&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">245,834,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">8,491&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">490,574,500&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">517,425,464&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">SBB IV</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">2011&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">283,085,460&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">7,337&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">773,659,960&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">645,161,290&nbsp;</FONT></FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">2012&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">362,075,830&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">January</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">66,895,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">6,997&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">840,554,960&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">295,180,830&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">February</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">60,052,500&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">6,905&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">900,607,460&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">235,128,330&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">March</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">39,998,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">6,906&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">940,605,460&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">195,130,330&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">April</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">9,140,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">7,636&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">949,745,460&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">185,990,330&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">May</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">16,859,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">7,687&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">966,604,460&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">169,131,330&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">June</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">9,120,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">7,751&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">975,724,460&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">160,011,330&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">July</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">14,423,500&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">8,737&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">990,147,960&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">145,587,830&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">August</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">8,902,500&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">9,026&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">999,050,460&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">136,685,330&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">September</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">7,380,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">9,431&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">1,006,430,460&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">129,305,330&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">October</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">4,500,000&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">9,548&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">1,010,930,460&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">124,805,330&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">November</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">1,010,930,460&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">124,805,330&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">December</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">-&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">1,010,930,460&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 2.15pt; 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=black face="Times New Roman">124,805,330&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 2.15pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="16%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=IN color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">520,355,960&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=IN color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">7,996&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=IN color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">1,010,930,460&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT lang=IN color=black face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 2.15pt; 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=black face="Times New Roman">-&nbsp;</FONT></B></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=IN face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">As of December 31, 2012, we had repurchased 1,010,930,460 common stock shares, equivalent to 5.0% of our issued and outstanding common stock, at an aggregate repurchase price of Rp8,067 billion, excluding broker and custodian fees. Under our repurchase program, we repurchased 118,376,500 shares in 2006, 126,364,000 shares in 2007, 245,834,000 shares in 2008, 283,085,460 shares in 2011 and 237,270,500 shares in 2012. In 2011 and 2012, we repurchased 520,355,960 common stock shares at an aggregate repurchase price Rp3,803 billion. </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Gotham-Medium>See Note 22 to our Consolidated Financial Statement.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">We plan to retain, sell or use repurchased stock for other purposes in accordance with Bapepam-LK R<FONT style="FONT-SIZE: 10pt" face="Times New Roman">ule</FONT> No.XI.B.2, Law No.40/2007 regarding Limited Liability Companies and the resolutions of the AGMS on June 11, 2010, that require the Board of Directors to seek prior approval from the Board of Commissioners to undertake any change or transfer of treasury stock and report its utilization or transfer to the AGMS. Before giving its approval, the Board of Commissioners must consult with the holder of the Series A Dwiwarna share.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US 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 face="Times New Roman">ITEM 16F. <A name="CIRCA"></A>CHANGE IN REGISTRANT&#8217;S CERTIFYING ACCOUNTANT</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">On May 4, 2012, our Board of Commissioners determined not to reappoint KAP Tanudiredja, Wibisana &amp; Rekan, a member firm of the PwC global network (&#8220;PwC&#8221;), as our independent registered public accounting firm for the 2012 fiscal year. Subsequently, we appointed KAP Purwantono, Suherman &amp; Surja, a member firm of Ernst &amp; Young Global Limited (&#8220;Ernst &amp; Young&#8221;), as our independent registered public accounting firm for the 2012 fiscal year, subject to the approval of our shareholders. On May 11, 2012, the AGMS approved the engagement of Ernst &amp; Young as our independent registered accounting firm for the year ended December 31, 2012.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">PwC audited our Consolidated Financial Statements for the fiscal years ended December 31, 2011 and 2010. For these periods and up to May 11, 2012 there were no disagreements with PwC on any matter of accounting principle or practices, financial statement disclosure, or auditing scope or procedure, which disagreement(s), if not resolved to the satisfaction of PwC, would have caused it to make reference thereto in its report on the Consolidated Financial Statements for such years. During such years, there were no reportable events within the meaning set forth in the instructions to Item 16F of Form 20-F.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The reports of PwC on our Consolidated Financial Statements for the fiscal years ended December 31, 2011 and 2010 did not contain any adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We have provided PwC with a copy of the foregoing disclosure and requested that PwC provide us with a letter addressed to the SEC stating whether it agrees with the statements made by our Company in response to this item. A copy of such letter, dated March 22, 2013</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, is filed as Exhibit 15.1 in this Form 20-F.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">During the fiscal years ended December 31, 2011 and 2010 and through May 11, 2012, we did not consult with Ernst &amp; Young on (1) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that may be rendered on our Consolidated Financial Statements, and Ernst &amp; Young did not provide either a written report or oral advice to our Company that Ernst &amp; Young concluded was an important factor considered by us in reaching a decision as to any accounting, auditing, or financial reporting issue; or (2) the subject of any disagreement, as defined in Item 16F(a)(1)(v) of Form 20-F and the related instructions, or a reportable event within the meaning set forth in Item 16F(a)(1)(v) of Form 20-F.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 2pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 100 -</P>

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

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>
<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">ITEM 16G. <A name="CG"></A>CORPORATE GOVERNANCE</FONT></B></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The following is a summary of significant differences between the corporate governance practices followed by Indonesian companies and those required by NYSE listing standards for domestic US issuers.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US 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 face="Times New Roman">a.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Overview of Indonesian Law</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Indonesian public companies are required to observe and comply with certain Good Corporate Governance practices. The requirements and the standards for good corporate governance practices for public companies are embodied in the following regulations: Law No.40/2007 on Limited Liability Companies (&#8220;Indonesian Company Law&#8221;); Law No.8/1995 on Capital Markets (&#8220;Capital Markets Law&#8221;); Law No.19/2003 on State-Owned Enterprises; Regulation of the Minister of State-Owned Enterprises No.PER-09/MBU/2012 on Amendment of Regulation of the Minister of State-Owned Enterprises No.PER-01/MBU/2011 on the Implementation of Good Corporate Governance to State-Owned Enterprises; regulations of OJK (&#8220;OJK Regulations&#8221;) and the rules issued by the IDX. In addition to the above, the articles of association of public companies incorporate provisions directing the implementation of good corporate governance practices. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 5pt" lang=EN-US 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 face="Times New Roman">Similar to the laws of the US, Indonesian laws require public companies to observe and comply with corporate governance standards that are more stringent than those applied to privately-owned companies. In Indonesia, the term &#8220;public company&#8221; does not necessarily refer to a company whose shares are listed on a securities exchange. Under the Capital Markets Law, a non-listed company may be deemed a public company, and subjected to the laws and regulations governing public companies, if such company meets or exceeds the capital and shareholder requirements applicable to a publicly-listed company.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 5pt" lang=EN-US 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 face="Times New Roman">On November 30, 2004, the National Committee on Governance (&#8220;NCG&#8221;) was established pursuant to the Decree of the Coordinating Minister for Economic Affairs No.KEP.49/M.EKONOM/1/2004 (&#8220;KEP.49&#8221;), which was formed to revitalize the former National Committee on Good Corporate Governance established in 1999. The NCG aimed at enhancing comprehension and implementation of good governance in Indonesia and advises the Government on governance issues, both in public and corporate sectors. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">Furthermore, based on Decree of the Coordinating Minister for Economic Affairs No.KEP-14/M.EKON/03/2008, dated&nbsp; March 18,&nbsp;2008 (&#8220;KEP.14&#8221;), KEP.49 was revoked. Therefore, any working results which have been made by the Committee, which was established based on KEP.49, will be delivered and continued by the Committee under KEP.14</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 5pt" lang=EN-US 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 face="Times New Roman">The NCG formulated the Code for Good Corporate Governance 2006 (&#8220;Code&#8221;) which recommended setting more stringent corporate governance standards for Indonesian companies, such as the appointment of Independent Commissioners and nomination and remuneration committees by the Board of Commissioners, as well as increasing the scope of disclosure obligations for Indonesian companies. Although the NCG recommended that the Code be adopted by the Government as a basis for legal reform, as of the date of this Annual Report, the Government has not enacted regulations that fully implement the provisions of the Code.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US 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 face="Times New Roman">b.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Composition of Independent Board of Directors and Board of Commissioners</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The NYSE listing standards provide that the Board of Directors of a US listed company must consist of a majority of Independent Directors and that certain committees must consist solely of Independent Directors. A Director qualifies as independent only if the board affirmatively determines that the Director has no material relationship with the company, either directly or indirectly.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 7pt" lang=EN-US 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 face="Times New Roman">Unlike companies incorporated in the US, the management of an Indonesian company consists of two organs of equal stature, the Board of Directors and the Board of Commissioners. Generally, the Board of Directors is responsible for the day-to-day business activities of the company and is authorized to act for and on behalf of the company, while the Board of Commissioners has the authority and responsibility to supervise the Board of Directors and is statutorily mandated to provide advice to the Board of Directors by Indonesian Company Law.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 2pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">With regard to the Board of Commissioners, the Indonesia Company Law requires a public company Board of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Commissioners to have at least two members. Although the Indonesian Company Law is silent as to the composition of the Board of Commissioners</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> Listing Regulation No.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">I</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A in KEP.305/BEJ/07-2004 issued by the IDX </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">(&#8220;IDX Regulation I</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">-</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">A&#8221;) </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">states that at least 30% of the members of the Board of Commissioners of a public company (such as our Company) must be independent.</FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 5pt; FONT-WEIGHT: normal" lang=EN-US 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 face="Times New Roman">The Indonesian Company Law states that the Board of Directors has the authority to manage the daily operation of the company and must have at least two members, each of whom must meet the minimum qualification requirements set forth in the Indonesian Company Law. In addition, based on IDX Regulation I-A, the Board of Directors of the listed company must consist of at least one unaffiliated director.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT size=2></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="arial unicode ms,sans-serif"></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Given the difference between the role of the members of the Board of Directors in an Indonesian company and that of their counterparts in a US company, Indonesian law does not require that certain members of the Board of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Directors must be independent and neither does it require the creation of certain committees composed entirely of Independent Directors.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">c.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Committees&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">See Item 16D &#8220;Exemptions from the Listing Standards for Audit Committees&#8221;.</FONT></P>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">d.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Disclosure Regarding Corporate Governance</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The NYSE listing standards require US companies to adopt, and post on their websites, a set of corporate governance guidelines. The guidelines must address, among other things: director qualification standards, director responsibilities, director access to management and independent advisers, director compensation, director orientation and continuing education, management succession, and an annual performance evaluation itself. In addition, the CEO of a US company must certify to the NYSE annually that he or she is not aware of any violations by the company of the NYSE&#8217;s corporate governance listing standards. The certification must be disclosed in our Annual Report to shareholders. Indonesian law does not have disclosure requirements similar to NYSE listing standards. However, the Capital Markets Law generally requires Indonesian public companies to disclose certain types of information to shareholders and to OJK, particularly information relating to changes in the public company&#8217;s shareholdings and material facts that may affect the decision of shareholders to maintain their share ownership in such public company.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">e.</FONT></B><B><FONT style="FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Code of Business Conduct and Ethics</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NYSE listing standards require each US listed company to adopt, and post on its web site, a code of business conduct and ethics for its Directors, officers and employees. There is no similar requirement under Indonesian law. However, companies that are required to file or furnish reports to the SEC must disclose in their Annual Reports whether they have adopted a code of ethics for their senior financial officers. Although the requirements as to the contents of the code of ethics under SEC rules are not identical to those set forth in the NYSE listing standards, there are significant similarities in which under SEC rules, the code of ethics must be designed to promote: (a) honest and ethical conduct, including the handling of conflicts of interest between personal and professional relationships; (b) full, fair, accurate and timely disclosure in reports and documents filed with or submitted to the SEC; (c) compliance with applicable laws and regulations; (d) prompt internal reporting of violations of the code and (e) accountability for adherence to the code. Furthermore, shareholders must be given access to physical or electronic copies of the code.</FONT></P>

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

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITEM 16H. <A name="MSD"></A>MINE SAFETY DISCLOSURE</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Not applicable. </FONT></P></DIV>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></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 face="Times New Roman">PART III</FONT></B></P>

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

<P style="MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">ITEM 17 <A name="FS"></A>. FINANCIAL STATEMENTS</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman">We have responded to Item 18 in lieu of this Item</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">. &nbsp;</FONT></P>

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

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">ITEM 18. <A name="FS18"></A>FINANCIAL STATEMENTS</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">See</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> pages F-1 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">through </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">F-128</FONT><FONT style="FONT-SIZE: 10pt" lang=IN face="Times New Roman">.&nbsp;</FONT></P>

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

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 face="Times New Roman">ITEM 19. <A name="EXHIBITS"></A>EXHIBITS</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The following exhibits are filed as part of this Form 20-F: </FONT></P>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1.1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="93%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Articles of Association (as amended on June 7, 2012).</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">8.1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="93%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Please refer to Item 4 &#8220;Information on The Company &#8211; Organizational Structure&#8221; for a list of subsidiaries of the Registrant.</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">12.1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="93%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Certification of the Chief Executive Officer pursuant to Rule 13a-14(a) of the Securities Exchange Act of 1934</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> and 15 U.S.C. Section 7241, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.&nbsp;</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">12.2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="93%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Certification of the Chief Financial Officer pursuant to Rule 13a-14(a) of the Securities Exchange act of 1934</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> and 15 U.S.C. Section 7241, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.&nbsp;</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">13.1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="93%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Certification of the Chief Executive Officer pursuant to Rule 13a-14(b) of the Securities Exchange Act of 1934 and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">13.2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 2.35pt; PADDING-RIGHT: 2.35pt; PADDING-TOP: 0in" vAlign=top width="93%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Certification of the Chief Financial Officer pursuant to Rule 13a-14(b) of the Securities Exchange Act of 1934 and 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">15.1</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Letter of The Company&#8217;s predecessor auditor to the&nbsp;Securities <FONT style="FONT-SIZE: 10pt" face="Times New Roman">and </FONT>Ex<FONT style="FONT-SIZE: 10pt" face="Times New Roman">c</FONT>hange Commissions dated March <FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">22</FONT></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">, 2013 in relation to Item 16F. Change in Registrant&#8217;s Certifying Accountant.</FONT></P></TD></TR></TABLE></DIV>

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<A href="#TOC"><U><FONT style="FONT-SIZE: 8pt; FONT-WEIGHT: normal" lang=EN-US color=blue face="Times New Roman">TABLE OF CONTENTS</FONT></U></A></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><A name="SIGNATURES"></A><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">SIGNATURES</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Pursuant to the requirements of Section 12 of the Securities Exchange Act 1934, as amended, the Registrant hereby certifies that it meets all of the requirements for filing on Form 20-F and that it has duly caused and authorized the undersigned to sign this Form 20-F on its behalf.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=FI face="Times New Roman">PT TELEKOMUNIKASI INDONESIA TBK</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Jakarta, March 26, 2013</FONT></P>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">/s/ Arief Yahya</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">Arief Yahya</FONT></B></P>

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">President Director / Chief Executive Officer</FONT></B></P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 18pt" lang=IN 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: 18pt" lang=IN color=windowtext face="Times New Roman">P</FONT></B><B><FONT style="FONT-SIZE: 18pt" lang=EN-US color=windowtext face="Times New Roman">T&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 18pt" lang=IN color=windowtext face="Times New Roman"> Telekomunikasi Indonesia Tbk </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 18pt" lang=EN-US color=windowtext face="Times New Roman">and Subsidiaries</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 14pt" lang=IN color=windowtext face="Times New Roman">C</FONT></B><B><FONT style="FONT-SIZE: 14pt" lang=EN-US color=windowtext face="Times New Roman">onsolidated financial statements with</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 14pt" lang=EN-US color=windowtext face="Times New Roman">report of independent registered public accounting firm</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 14pt" lang=EN-US color=windowtext face="Times New Roman">as of December 31, 2011 and 2012 and for the years</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 14pt" lang=EN-US color=windowtext face="Times New Roman">ended December 31, 2010, 2011 and 2012</FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">CONSOLIDATED FINANCIAL STATEMENTS WITH</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">AS OF DECEMBER 31, 2011 AND 2012 AND FOR THE</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">YEARS ENDED DECEMBER 31, 2010, 2011 AND 2012</FONT></B></P>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Reports of Independent Registered Public Accounting Firm</FONT></P></TD>

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   <A href="#CSOFP"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="times new roman">Consolidated Statements of Financial Position</FONT></U></A></P></TD>

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   <A href="#CSOCI"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="times new roman">Consolidated Statements of Comprehensive Income</FONT></U></A></P></TD>

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   <A href="#NOTES"><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=blue face="times new roman">Notes to the Consolidated Financial Statements</FONT></U></A></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: normal" lang=EN-US face="times new roman">Report No. RPC-3452/PSS/2013</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: normal" lang=EN-US face="times new roman">The Shareholders and the Boards of Commissioners and Directors</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: normal" lang=EN-US face="times new roman">Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: normal" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: normal" lang=EN-US face="times new roman">We have audited the accompanying consolidated statement of financial position of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (the &#8220;Company&#8221;) and its subsidiaries as of December 31, 2012, and the related consolidated statement<FONT style="FONT-SIZE: 10pt" face="Times New Roman">s</FONT> of comprehensive income, change<FONT style="FONT-SIZE: 10pt" face="Times New Roman">s</FONT> in equity and cash flows for the year then ended. These financial statements are the responsibility of the Company&#8217;s management. Our responsibility is to express <FONT style="FONT-SIZE: 10pt" face="Times New Roman">an opinion </FONT>on these financial statements based on our audit. The consolidated financial statements of the Company and its subsidiaries as of December 31, 2011 and&nbsp;for the years ended December 31, 2010 and 2011 were audited by other independent registered public accountants whose report dated March 30, 2012 expressed an unqualified opinion on those statements before the restatement of segment reporting disclosures discussed below.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: normal" lang=EN-US face="times new roman">We conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, <FONT style="FONT-SIZE: 10pt" face="Times New Roman">o</FONT>n a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: normal" lang=EN-US face="times new roman">In our opinion, the 2012 financial statements referred to above present fairly, in all material respects, the consolidated financial position of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk and its subsidiaries as of December 31, 2012, and the consolidated result<FONT style="FONT-SIZE: 10pt" face="Times New Roman">s</FONT> of their operations and their cash flows for the year then ended, in conformity with International Financial Reporting Standards as issued by the International Accounting Standards Board.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: normal" lang=EN-US face="times new roman">As described in Note 35 to the consolidated financial statements, the Company changed the composition of its reportable segment<FONT style="FONT-SIZE: 10pt" face="Times New Roman">s</FONT> in 2012, and the comparative amounts for the year ended December 31, 2011 relating to reportable segments have been restated to conform to the reportable segments in 2012. Our audit procedures that were applied to the restated disclosures for comparative 2011 reportable segments included: (i) agreeing the adjusted amounts of each segment (revenues, operating profit and assets) to the underlying records obtained from management, and (ii) testing the mathematical accuracy of the reconciliations of segment amounts to the consolidated financial statements. In our opinion, the restated disclosures of reportable segments for the year ended December 31, 2011, as described in Note 35 to the consolidated financial statements, are appropriate. However, we were not engaged to audit, review, or apply any procedures to the consolidated financial statements of the Company and its subsidiaries as of December 31, 2011 and for the year then ended other than with respect to such adjustments and, accordingly, we do not express an opinion or any other form of assurance on the consolidated financial statements as of December 31, 2011 and for the year then ended taken as a whole.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Report of Independent Registered Public Accounting Firm (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Report No. RPC-3452/PSS/2013 (continued)</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">We also have audited, <FONT style="FONT-SIZE: 10pt" face="Times New Roman">in </FONT>accordance with the standards of the Public Company Accounting Oversight Board (United States), Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk and its subsidiaries&#8217; internal control over financial reporting as of December 31, 2012, based on criteria established in Internal Control-Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission and our report dated March 22, 2013 expressed an unqualified opinion thereon.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">/s/ Purwantono, Suherman &amp; Surja<BR></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Jakarta, Indonesia<BR>March 22, 2013</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Report of Independent Registered Public Accounting Firm</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=ES face="Times New Roman">Report No. RPC-3453/PSS/2013</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Shareholders and the Boards of Commissioners and Directors </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We have audited Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (the &#8220;Company&#8221;) and its subsidiaries&#8217; internal control over financial reporting as of December 31, 2012, based on criteria established in Internal Control&#8212;Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (the COSO criteria). The Company&#8217;s management is responsible for maintaining effective internal control over financial reporting, and for its assessment of the effectiveness of internal control over financial reporting included in the accompanying Management&#8217;s Report on Internal Control over Financial Reporting. Our responsibility is to express an opinion on the Company and its subsidiaries&#8217; internal control over financial reporting based on our audit.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether effective internal control over financial reporting was maintained in all material respects. Our audit included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, testing and evaluating the design and operating effectiveness of internal control based on the assessed risk, and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">A company&#8217;s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board. A company&#8217;s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with International Financial Reporting Standards, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company&#8217;s assets that could have a material effect on the financial statements. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements.&nbsp;Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Report of Independent Registered Public Accounting Firm (continued)</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=ES face="Times New Roman">Report No. RPC-3453/PSS/2013 (continued)</FONT></P>

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

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">In our opinion, Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk and its subsidiaries maintained, in all material respects, effective internal control over financial reporting as of December 31, 2012, based on the COSO criteria.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the consolidated statement of financial position of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (the &#8220;Company&#8221;) and its subsidiaries as of December 31, 2012, and the related consolidated statements of comprehensive income, changes in equity and cash flows for the year then ended and our report dated March 22, 2013 expressed an unqualified opinion thereon.&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">/s/ Purwantono, Suherman &amp; Surja<BR></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Jakarta, Indonesia<BR>March 22, 2013</FONT></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=windowtext face=georgia>REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=windowtext face=georgia>TO THE STOCKHOLDERS OF</FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 30pt" align=center><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=windowtext face=georgia>PERUSAHAAN PERSEROAN (PERSERO) PT TELEKOMUNIKASI INDONESIA Tbk</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=windowtext face=georgia>In our opinion, the accompanying consolidated statement of financial position and the related consolidated statements of comprehensive income, changes in equity, and cash flows, before the effects of the adjustments to retrospectively reflect the change in the composition of reportable segments described in Note 35, present fairly, in all material respects, the financial position of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (the &#8220;Company&#8221;) and its subsidiaries at 31 December 2010 and 2011, and the results of their operations and their cash flows for each of the two years in the period ended 31 December 2011 in conformity with International Financial Reporting Standards as issued by the International Accounting Standards Board (the 2011 and 2010 consolidated financial statements before the effects of the adjustments discussed in Note 35 are not presented herein). These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit, before the effects of the adjustments described above, of these statements, in accordance with the standards of the Public Company Accounting Oversight Board (United States).&nbsp; Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement.&nbsp; An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=windowtext face=georgia>We were not engaged to audit, review, or apply any procedures to the adjustments to retrospectively reflect the change in composition of reportable segments described in Note 35 and accordingly, we do not express an opinion or any other form of assurance about whether such adjustments are appropriate and have been properly applied. Those adjustments were audited by other auditors.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=windowtext face=georgia>JAKARTA</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=windowtext face=georgia>30 March 2012</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=windowtext face=georgia><FONT style="FONT-SIZE: 10pt" face=Georgia>/s/ </FONT>Chrisna A. Wardhana, CPA</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10.5pt" lang=EN-US color=windowtext face=georgia>Public Accountant License No. AP.0231</FONT></P>

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<A href="#TOC2"><B><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTENTS</FONT></U></B></A></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><A name="CSOFP"></A><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">CONSOLIDATED STATEMENTS OF FINANCIAL POSITION </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">December 31, 2011 and 2012 </FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&nbsp;(Figures in tables are presented in billions of rupiah and </FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">millions of U.S. dollar)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>1&nbsp;&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>2&nbsp;&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Notes</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Rp</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%">

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Rp</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%">

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">US$ (Note 3)</FONT></B></P></TD>

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   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">ASSETS</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 0.15in">

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   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">CURRENT ASSETS</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Cash and cash equivalents</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2c,2e,2t,4,34,39</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>9,634</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">13,118</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,361</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Other current financial assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2c,2e,2t,5,34,39</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">373</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">4,338</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">450</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Trade and other receivables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2c,2g,2t,6,34,39</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">5,393</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">5,409</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">561</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Inventories</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2h,7</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">758</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">579</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">60</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Advances and prepaid expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2c,2i,8,34</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">3,294</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">3,721</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">386</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Prepaid income taxes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2s,31</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">633</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">52</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">5</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Prepaid other taxes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2s,31</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">525</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">756</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">78</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Asset held for sale</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2j,9</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">791</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Total Current Assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">21,401</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">27,9</FONT><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>73&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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2,901</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">NON-CURRENT ASSETS</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Long-term investments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2f,2t,10,39</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">235</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">275</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">29</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Property and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2l,2m,2z,11,36</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">74,638</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">76,908</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">7,980</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Prepaid pension benefit cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2r,32</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">765</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Advances and other non-current assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2c,2i,2t,12,34,36,37,39</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">3,817</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">3,510</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">364</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Intangible assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2d,2k,13</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,791</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,443</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">150</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Deferred tax assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2s,31</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">75</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">102</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">11</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR>Total Non-current Assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR>81,321</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR>82,238</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR>8,534</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR>TOTAL ASSETS</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.25pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR>102,722</FONT></B></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.25pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR>1</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT style="LINE-HEIGHT: 10.8pt" lang=IN>10</FONT></B><B><FONT style="LINE-HEIGHT: 10.8pt" lang=FR>,</FONT></B></FONT></FONT><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>211&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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.25pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR>11,4</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>35&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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">LIABILITIES AND EQUITY</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">CURRENT LIABILITIES</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Trade and other payables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2c,2n,2q,2t,14,34,39</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">8,355</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">7,457</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">774</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Current income tax liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2s,31</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">729</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,280</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">133</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Other tax liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2s,31</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">310</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">564</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">58</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Accrued expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2c,2q,2t,15,34,39</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">4,790</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">6,163</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">639</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Unearned income</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2q,16</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2,821</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2,729</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">283</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Advances from customers and suppliers</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2c,34</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">271</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">257</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">27</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Short-term loans and other borrowings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2c,2m,2o,2t,11,17,34,39</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">4,913</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">5,658</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">587</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR>Total Current Liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR>22,189</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR>24,108</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR>2</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: 10.8pt" lang=IN>,</FONT><FONT style="LINE-HEIGHT: 10.8pt" lang=FR>501&nbsp;</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR>NON-CURRENT LIABILITIES</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Deferred tax liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2s,31</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">3,448</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2,485</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">258</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Other liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2n,2q</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">242</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">334</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">34</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Long service awards provisions</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2r,33</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">287</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">347</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">36</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Pension benefit and other post-employment benefit obligations</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2c,2r,32,34</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">4,572</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">7,306</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">758</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Long-term loans and other borrowings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2c,2m,2o,2t,11,18,34,39</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">12,958</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">13,617</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,413</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR>Total Non-current Liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR>21,507</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR>24,089</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR>2,499</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR>TOTAL LIABILITIES</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR>43,696</FONT></B></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR>4</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT style="LINE-HEIGHT: 10.8pt" lang=IN>8</FONT></B><B><FONT style="LINE-HEIGHT: 10.8pt" lang=FR>,</FONT></B><B><FONT style="LINE-HEIGHT: 10.8pt" lang=IN>19</FONT></B></FONT></FONT><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR>7&nbsp;&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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>5,000</FONT></B></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">EQUITY</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Capital stock</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1c,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: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">5,040</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">5,040</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">523</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Additional paid-in capital</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2u,21</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,073</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,073</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">111</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Treasury stock</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2u,22</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(6,323</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(8,067</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(837</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Retained earnings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1d,2d,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: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">45,865</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">48,572</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">5,040</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Other reserves</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2f,2t,23</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">56</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">82</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">9</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Net Equity Attributable to Owners of the Parent Company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">45,711</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">46,7</FONT><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>00&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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">4,8</FONT><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>46&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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Non-controlling interests</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2b,19</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">13,315</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">15,314</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,589</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">TOTAL EQUITY</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">59,026</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">62,0</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT style="LINE-HEIGHT: 10.8pt" lang=IN>1</FONT></B></FONT></FONT><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">4&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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">6,4</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>35&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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="36%">

   <P style="TEXT-INDENT: -9.35pt; MARGIN: 0in 0in 0pt 9.35pt"><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">TOTAL LIABILITIES AND EQUITY</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">102,722</FONT></B></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>10,211&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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">11,</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>435&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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">The accompanying notes to the consolidated financial statements form an integral part of these consolidated financial statements taken as a whole.</FONT></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt" align=center><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 6 </P>

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



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

&nbsp; <A name="page_115"></A>

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

<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in">
<A href="#TOC2"><B><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTENTS</FONT></U></B></A></P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><A name="CSOCI"></A><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Years Ended December 31, 2010, 2011 and 2012&nbsp; </FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 9pt" lang=EN-US face="times new roman">&nbsp;</FONT></B><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">(Figures in tables are presented in billions of rupiah and </FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">millions of U.S. dollar, unless</FONT></B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 9pt" lang=EN-US color=black face="times new roman"> </FONT><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">otherwise stated)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<DIV align=left>

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



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="21%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="times new roman">2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Notes</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Rp</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="times new roman">Rp</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Rp</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">US$ (Note 3)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">REVENUES</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2c,2q,25,34</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">68,529</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">71,238</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">77,127</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">8,003</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Operations, maintenance and telecommunication services expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2c,2q,28,34</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(16,046</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(16,453</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(16,796</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(1,743</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Depreciation and amortization expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2k,2l,2m,11,12,13</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(14,580</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(14,823</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(14,474</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(1,502</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Personnel expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2c,2q,2r,27</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">32,33,34</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(7,447</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(8,671</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(9,695</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(1,006</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Interconnection expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2c,2q,30,34</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(3,086</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(3,555</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(4,667</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(484</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Marketing expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2q</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(2,525</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(3,278</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(3,094</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(321</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">General and administrative expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2c,2q,2s,29,34</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(2,537</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(2,935</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(3,036</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(315</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(Loss) gain on foreign exchange - net</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2p</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">43</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(210</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(189</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(20</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Other income</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2q,11d</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">548</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">666</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2,559</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">266</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Other expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2q,11d</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(145</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(192</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(1,973</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(205</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">OPERATING PROFIT</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">22,754</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">21,787</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">25,762</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=black face="times new roman">2,673</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Finance income</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2c,34</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">452</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">620</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">596</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">62</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Finance costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2c,2q,34</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(1,928</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(1,662</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(2,055</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(213</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Share of loss of associated companies</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2f,10</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(14</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(10</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(11)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">PROFIT BEFORE INCOME TAX</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">21,264</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">20,735</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">24,292</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2,521</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">INCOME TAX (EXPENSE) BENEFIT</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2s,31</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Current</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(4,669</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(5,673</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(6,628</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(688</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Deferred</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(843</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">288</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">720</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">75</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Net Income Tax Expense</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(5,512</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(5,385</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(5,908</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(613</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">PROFIT FOR THE YEAR</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">15,752</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">15,350</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">18,384</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">1,908</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="45%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">OTHER COMPREHENSIVE (EXPENSES) INCOME</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Foreign currency translation</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">1d,2b,2f</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">31</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">3</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Change in fair value of available-for-sale financial assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2t</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">32</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">4</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(5</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Defined benefit plan actuarial losses, net of tax</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2r,32</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(587</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(1,958</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(3,031</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(31</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="times new roman">5&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Other Comprehensive Expenses - Net</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(553</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(1,947</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(3,005</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(31</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="times new roman">3&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">NET COMPREHENSIVE INCOME FOR THE YEAR</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.25pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">15,199</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.25pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">13,403</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.25pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">15,379</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.25pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">1,595</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Profit for the year attributable to:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Owners of the parent company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">11,427</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">10,848</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">12,864</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">1,335</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Non-controlling interests</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">4,325</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">4,502</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">5,520</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">573</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">15,752</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">15,350</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">18,384</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">1,908</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Net comprehensive income for the year attributable to:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Owners of the parent company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">10,911</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">8,969</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">9,834</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">1,020</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Non-controlling interests</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2b,19</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">4,288</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">4,434</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">5,545</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">575</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">15,199</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">13,403</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">15,379</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">1,595</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">BASIC AND DILUTED EARNINGS PER SHARE </FONT></B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">(in full amount)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2w,24</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Net income per share</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">580.95</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">553.70</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">669.92</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">0.07</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">Net income per ADS (40 Series B shares per ADS)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">23,238.00</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">22,148.00</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">26,796.80</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">2.78</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal" face="times new roman"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">The accompanying notes to the consolidated financial statements form an integral part of these consolidated financial statements taken as a whole.</FONT></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt" align=center><FONT size=2></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 7 </P>

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



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

&nbsp; <A name="page_116"></A>

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

<P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in">
<A href="#TOC2"><B><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTENTS</FONT></U></B></A></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><A name="CSOCIE"></A><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Years Ended December 31, 2010, 2011 and 2012 </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">(Figures in tables are presented in billions of rupiah)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US 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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="47%" colSpan=11>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>Attributable to </FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT style="LINE-HEIGHT: normal">owners of the parent c</FONT></B></FONT></FONT><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>ompany&nbsp;&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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="MARGIN: 0in 0in 0pt 15pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Capital</FONT></B><BR></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">stock</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0px; MARGIN-LEFT: 0px; MARGIN-RIGHT: 0px" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Additional </FONT></B><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">paid-in 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Treasury</FONT></B><BR></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Retained</FONT></B><BR></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Other</FONT></B><BR></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">reserves</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Non-controlling</FONT></B><BR></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">interests</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Total</FONT></B><BR></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Descriptions</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Notes</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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: -9pt; MARGIN: 0in 0in 0pt 9pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Rp</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Balance, December 31, 2009</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0.7pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">5,040</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0.55pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,073</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0.4pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(4,264</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="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.75pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">37,561</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">18</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0.25pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">39,428</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 1pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">10,894</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0.85pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">50,322</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Net comprehensive income for the year</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1d,2b</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0.4pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 1.75pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 1pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0.85pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Profit for the year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0.4pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">11,427</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">11,427</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">4,325</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0.85pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">15,752</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Other comprehensive (expenses) income</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2f,2t,2r</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0.4pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(550</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">34</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(516</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(37</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(553</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Net comprehensive income for the year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0.4pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">10,877</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">34</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">10,911</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">4,288</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">15,199</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Transactions with owners recorded directly in equity</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0.4pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Distributions to owners</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0.4pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Final dividends</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2v,20</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0.4pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(5,142</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(5,142</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(3,224</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(8,366</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Interim dividends</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2v,20</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0.4pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Total distributions to owners</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0.4pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(5,668</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(5,668</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(3,224</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(8,892</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Changes in ownership interests in subsidiaries 20% acquisition of Sigma</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0.4pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(44</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(44</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(51</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(95</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Attributable to </FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: normal" lang=IN>non-controlling interest</FONT><FONT style="LINE-HEIGHT: normal" lang=EN-AU>s&nbsp;&nbsp;</FONT><FONT style="LINE-HEIGHT: normal"> arising from acquisition of Ad Medika</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 56pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.4pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">4</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">4</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Total changes in ownership interests in subsidiaries</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.4pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(44</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(44</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(47</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(91</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Total transactions with owners</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0.4pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(5,712</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(5,712</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(3,271</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(8,983</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Balance, December 31, 2010</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="1%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;</FONT></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; MARGIN: 0in 0.7pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">5,040</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0.55pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,073</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0.4pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(4,264</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="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">42,726</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">52</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">44,627</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">11,911</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">56,538</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">The accompanying notes to the consolidated financial statements form an integral part of these consolidated financial statements taken as a whole.</FONT></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt" align=center><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 8 </P>

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



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

&nbsp; <A name="page_117"></A>

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

<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in">
<A href="#TOC2"><B><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTENTS</FONT></U></B></A></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (continued)</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Years Ended December 31, 2010, 2011 and 2012&nbsp; </FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&nbsp;(Figures in tables are presented in billions of rupiah)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 100%" 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=top width="27%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="47%" colSpan=11>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>Attributable to </FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT style="LINE-HEIGHT: 10.8pt">owners of the parent c</FONT></B></FONT></FONT><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>ompany&nbsp;&nbsp;</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 0.15in">

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Capital</FONT></B><BR></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">stock</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Additional</FONT></B><BR></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">paid-in capital</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Treasury</FONT></B><BR></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">stock</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Retained</FONT></B><BR></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">earnings</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Other</FONT></B><BR></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">reserves</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Non-controlling</FONT></B><BR></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">interests</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Total</FONT></B><BR></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>equity</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="27%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Total</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 0.15in">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Descriptions</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Notes</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Rp</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Rp</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Rp</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Rp</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Rp</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Rp</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Rp</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Rp</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Balance, December 31, 2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.7pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">5,040</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.55pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,073</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.4pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(4,264</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.75pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">42,726</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.25pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">52</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">44,627</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">11,911</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">56,538</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Net comprehensive income for the year</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1d,2b</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.7pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.4pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.75pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.25pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Profit for the year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.7pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.4pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">10,848</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.25pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">10,848</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">4,502</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">15,350</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Other comprehensive (expenses) income</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2f,2t,2r</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.7pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=white>-</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(1,890</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.25pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">11</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(1,879</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(68</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(1,947</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Net comprehensive income for the year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.7pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">8,958</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.25pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">11</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">8,969</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">4,434</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">13,403</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Gains from investment securities</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2t</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.7pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.25pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(7</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(7</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(7</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Transactions with owners recorded directly in equity</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.7pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 10pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.25pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Cash dividends</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2v,20</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.7pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(5,819</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.25pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(5,819</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(3,030</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(8,849</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Treasury stock acquired - at cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2u</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.7pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(2,059</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.25pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(2,059</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(2,059</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Total transactions with owners</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.7pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(2,059</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>)</FONT></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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(5,819</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>)</FONT></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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.25pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>-</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>(7,878</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>)</FONT></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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>(3,0</FONT><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">30&nbsp;</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>)</FONT></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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>(10,908</FONT></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>)</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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Balance, December 31, 2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.7pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>5,040</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,073</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(6,323</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>45,865</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.25pt 0pt 0in" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">56</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">45,711</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">13,315</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 10.8pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">59,026</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 10.8pt"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">The accompanying notes to the consolidated financial statements form an integral part of these consolidated financial statements taken as a whole.</FONT></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt" align=center><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 9 </P>

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<A href="#TOC2"><B><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTENTS</FONT></U></B></A></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (continued)</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Years Ended December 31, 2010, 2011 and 2012&nbsp; </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&nbsp;(Figures in tables are presented in billions of rupiah)</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US 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="27%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="47%" colSpan=11>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">Attributable to </FONT></B><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=black face="times new roman">owners of the parent c</FONT></B><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">ompany&nbsp;&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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="7%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="7%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="27%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=#000000 face="times new roman">Capital</FONT></B><BR></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">stock</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=#000000 face="times new roman">Additional</FONT></B><BR></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">paid-in capital</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=#000000 face="times new roman">Treasury</FONT></B><BR></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=#000000 face="times new roman">Retained</FONT></B><BR></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=#000000 face="times new roman">Other</FONT></B><BR></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">reserves</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=#000000 face="times new roman">Non-controlling</FONT></B><BR></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman">interests</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom rowSpan=2 width="7%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=#000000 face="times new roman">Total</FONT></B><BR></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="27%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=#000000 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="27%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=black 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=black 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=black face="times new roman">Rp</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=black face="times new roman">Rp</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=black 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=black 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=black 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=black 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=black 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=black 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">Balance, December 31, 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">5,040</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">1,073</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(6,323</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="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black 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=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">45,865</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">56</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">45,711</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">13,315</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">59,026</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU color=black face="times new roman">Net </FONT></B><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">comprehensive income for the 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=black face="times new roman">1d,2b</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">Profit for 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">12,864</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">12,864</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">5,520</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">18,384</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">Other comprehensive </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=black face="times new roman">(</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU color=black face="times new roman">expenses) </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">income&nbsp;&nbsp;</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=black face="times new roman">2f,2t,2r</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(3,056</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">26</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(3,030</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">25</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(3,005</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; 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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU color=black face="times new roman">Net</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"> comprehensive income for 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">9,808</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">26</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">9,834</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">5,545</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">15,379</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">Transactions with owners recorded</FONT></B><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=black face="times new roman"> directly </FONT></B><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">in 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU color=black face="times new roman">D</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">istributions to owners</FONT></P></TD>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">Cash dividends</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">2</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=black face="times new roman">v</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">,2</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=black face="times new roman">0&nbsp;&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">-</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(7,127</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(7,127</FONT></P></TD>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">Treasury stock acquired - at cost</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(1,744</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: black 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(1,744</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; 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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">Total </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU color=black face="times new roman">d</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">istributions to owners </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU color=black face="times new roman">and acquisition 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(1,744</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(7,127</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(8,871</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(3,607</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(12,478</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; 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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">Establishment of a 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" color=black face="times new roman">1d</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">32</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">32</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">Acquisition of non-controlling interest</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU color=black face="times new roman">s&nbsp;&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"> 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(23</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(23</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(10</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(33</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; 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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">Issuance of new shares of a 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">1d</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black 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=bottom width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">39</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">88</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU color=black face="times new roman">Net</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"> changes in ownership interests 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">26</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">26</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">61</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">87</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">Total transactions with owners</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new 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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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=top width="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(1,744</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(7,101</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; 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="1%">

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(8,845</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(3,546</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black 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="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(12,391</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; 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="27%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">Balance, December 31, 2012</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">5,040</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">1,073</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(8,067</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black 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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">48,572</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">82</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">46,700</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">15,314</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" 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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">62,014</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="times new roman"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">The accompanying notes to the consolidated financial statements form an integral part of these consolidated financial statements taken as a whole.</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 10 </P>

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



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

&nbsp; <A name="page_119"></A>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in">
<A href="#TOC2"><B><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTENTS</FONT></U></B></A></P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><A name="CSOCF"></A><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">CONSOLIDATED STATEMENTS OF CASH FLOWS </FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Years Ended December 31, 2010, 2011 and 2012&nbsp; </FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&nbsp;(Figures in tables are presented in billions of rupiah and </FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">millions of U.S. dollar)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US 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="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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: center; MARGIN: 0in 1.7pt 0pt 0in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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: center; MARGIN: 0in 1.7pt 0pt 0in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="21%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0.8pt 0pt 0in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>2012</FONT></B></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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: center; MARGIN: 0in 1.7pt 0pt 0in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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: center; MARGIN: 0in 1.7pt 0pt 0in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 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 0.8pt 0pt 0in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">CASH FLOWS FROM OPERATING ACTIVITIES</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Cash receipts from:</FONT></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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Customers</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">64,533</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>67,</FONT><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=black>469&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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">71,910</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">7,</FONT><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>461&nbsp;&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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Other operators</FONT></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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">3,630</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>3,586</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">3,993</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: black 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">414</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Total cash receipts from revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">68,163</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>71,055</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">75,903</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">7,8</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: normal" lang=IN>7</FONT><FONT style="LINE-HEIGHT: normal">5&nbsp;&nbsp;</FONT></FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Interest income received</FONT></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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">453</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>599</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">585</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">61</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Cash payments for expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(25,288</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(25,507</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(33,651</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(</FONT><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>3,492&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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Cash payments to employees</FONT></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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(8,993</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(8,509</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(8,162</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(847</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>Payments for i</FONT><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">ncome taxes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(5,829</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(5,359</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(5,586</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(580</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>Payments for i</FONT><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">nterest costs</FONT></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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(1,826</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(1,591</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(1,111</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(</FONT><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>115&nbsp;</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Advance receipts from (refund to) customers</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">386</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(37</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(4</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Receipts of claim for tax refund</FONT></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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">659</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">27,725</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">30,462</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">27,941</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2,898</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">CASH FLOWS FROM INVESTING ACTIVITIES</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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Proceeds from insurance claims</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">11</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">13</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,875</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">195</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Proceeds from sale of property and equipment</FONT></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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">11</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">12</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">56</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">360</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">37</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Proceeds from sale of available-for-sale financial assets and dividends received</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">31</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">59</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">53</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">6</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Acquisition of property and equipment</FONT></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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">11</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(14,918</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(13,105</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(8,221</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(853</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Placement in time deposits and purchases of available-for-sale financial assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">5</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(6</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(33</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(4,008</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(416</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Increase in advances for purchases of property and equipment</FONT></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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">12</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(641</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(834</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(487</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(51</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Acquisition of intangible assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">13</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(723</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(604</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(437</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(45</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Acquisition of data center business</FONT></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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1d</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(230</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(24</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(Increase) decrease in advances and other non-current assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">12</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">88</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">34</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(134</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(14</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Acquisition of long-term investments</FONT></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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">10</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(115</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(49</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(5</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Acquisition of non-controlling interests in subsidiar</FONT><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>ies&nbsp;&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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1d</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(96</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(33</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(3</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Payment for acquisition of subsidiar</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: normal" lang=IN>ies</FONT><FONT style="LINE-HEIGHT: normal">, net of cash acquired</FONT></FONT></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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(116</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Net cash used in investing activities</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(16,484</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="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(14,414</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="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(11,311</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="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(1,173</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="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></B></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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">CASH FLOWS FROM FINANCING ACTIVITIES</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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Proceeds from loans and other borrowings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">17,18</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">8,320</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">3,589</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">4,887</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Capital contribution of non-controlling interests in subsidiaries</FONT></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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1d</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">120</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">12</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Cash dividends paid to the Company&#8217;s stockholders</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(5,418</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(6,069</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(7,127</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(739</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Repayments of loans and other borrowings</FONT></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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">11,17,18</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(9,098</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(7,967</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(5,843</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(606</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Cash dividends paid to non-controlling interests of subsidiaries</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(3,624</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(3,033</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(3,607</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Payments for treasury stock</FONT></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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">22</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">-</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(2,059</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(1,744</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(181</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Net cash used in financing activities</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(9,820</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="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(15,539</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="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">13,314&nbsp;&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="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(1,38</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=EN-AU>1&nbsp;&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="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></B></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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,421</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">509</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">3,316</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">34</FONT><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN>4&nbsp;&nbsp;</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">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=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal"></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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">(106</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">5</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">168</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">17</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</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-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR</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; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">4</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">7,805</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">9,120</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">9,634</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,000</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></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="45%">

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">CASH AND CASH EQUIVALENTS 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=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">4</FONT></P></TD>

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

   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.25pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">9,120</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.25pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">9,634</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.25pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">13,118</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.25pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt">1,361</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="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">The accompanying notes to the consolidated financial statements form an integral part of these consolidated financial statements taken as a whole.</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 11 </P>

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



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

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<A name=page_120></A>

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

<P style="PAGE-BREAK-BEFORE: always; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center>
<A name=NOTES></A><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">As of December 31, 2011 and 2012 and </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">for the years ended December 31, 2010, 2011 and 2012</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">

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<A href="#TOC2"><B><U><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTENTS</FONT></U></B></A></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">1.&nbsp;&nbsp;&nbsp;&nbsp; GENERAL</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.7pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">a.&nbsp;&nbsp;&nbsp;&nbsp; Establishment and general information</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (the &#8220;Company&#8221;) was originally part of </FONT><I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">&#8220;Post en Telegraafdienst&#8221;</FONT></I><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">, which was established and operated commercially in 1884 under the framework of Decree No. 7 dated March 27, 1884 of the Governor General of the Dutch Indies, which was published in State Gazette No. 52 dated April 3, 1884.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US 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. The ultimate parent of the Company is the Government of the Republic of Indonesia (the &#8220;Government&#8221;) (Notes 1c and 20).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US 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 has been amended several times, the&nbsp;latest&nbsp;amendment of which was, among others, about corporate actions that require written approval of the Board of Commissioners, based on notarial deed No. 30 dated June 7, 2012 of Ashoya Ratam, S.H., MKn. The amendments were accepted and approved by the Ministry of Law and Human Rights of the Republic of Indonesia (&#8220;MoLHR&#8221;) through its Letter No. AHU-AH.01.10-34558 dated September 24, 2012.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US 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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">a.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Main business:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">i.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US 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="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">ii.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US 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"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">b.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Supporting business:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">i.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Providing payment transactions and money transfer services through telecommunications and information networks.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">ii.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="times new roman">Performing activities and other undertakings in connection with the optimization of the Company's resources, which, among others, include the utilization of the Company's property and equipment and moveable assets, information systems, education and training, and repairs and maintenance facilities.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US 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"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 12pt" lang=EN-US face="times new roman"></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 12 </P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman"><FONT style="FONT-SIZE: 8pt" face="Times New Roman"></FONT></FONT></U></B></A></P><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US 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;&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></P></DIV>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; 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 (continued)</FONT></B></P>

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<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 (continued)</FONT></B></P>

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<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 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 Directorate General of Post and Informatics (&#8220;DGPI&#8221;) which replaced the previous Indonesian Directorate General of Post and Telecommunications (&#8220;DGPT&#8221;). The reports consist of information such as network development progress, service quality standard achievement, total customers, license payment and universal service contribution, while for internet telephone services for public purpose (&#8220;ITKP&#8221;), there is additional information required such as operational performance, customer segmentation, traffic, and gross revenue.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</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>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR color=windowtext>License</FONT></B></P></TD>

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   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="LINE-HEIGHT: 93%" lang=FR color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR color=windowtext>License No.</FONT></B></P></TD>

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   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 93%" color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Type of services</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR color=windowtext>Grant date/latest </FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>renewal date</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>License to operate local fixed line and basic telephone services network</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>381/KEP/M.KOMINFO/10/2010</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Local fixed line and basic telephone services network</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>October 28, 2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>License to operate fixed domestic long distance and basic telephone services network</FONT></P>

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="26%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>382/KEP/M.KOMINFO/10/2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Fixed domestic long distance and basic telephone services network</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>October 28, 2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>License to operate fixed international and basic telephone services network</FONT></P>

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="26%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>383/KEP/M.KOMINFO/10/2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Fixed international and basic telephone services network</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>October 28, 2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>License to operate fixed closed network</FONT></P>

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="26%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>398/KEP/M.KOMINFO/11/2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Fixed closed network</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>November 12, 2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>License to operate internet telephone services for public purpose</FONT></P>

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="26%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>384/KEP/DJPT/M.KOMINFO/11/2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>ITKP</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>November 29, 2010</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>License to operate internet service provider</FONT></P>

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="26%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>83/KEP/DJPPI/KOMINFO/4/2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Internet service provider</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>April 7, 2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>License to operate data communication system services</FONT></P>

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="26%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>169/KEP/DJPPI/KOMINFO/6/2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Data communication system services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>June 6, 2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>License to operate packet switched based local fixed line network</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="26%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>331/KEP/M.KOMINFO/07/2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 93%" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Packet switched based local fixed line network</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="25%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>July 27, 2011</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center">F - 13 </P>

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<a name="_bclHeader122"></a><DIV><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">

<P></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</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="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P></DIV>

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<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 (continued)</FONT></B></P>

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<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 Boards of Commissioners and Directors, Audit Committee and Corporate Secretary </FONT></B></P>

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<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">1.&nbsp;&nbsp;&nbsp;&nbsp; Boards of Commissioners and Directors</FONT></P>

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<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 Extraordinary General Meeting (&#8220;EGM&#8221;) of Stockholders of the Company dated December 17, 2010 as covered by notarial deed No. 33 of Dr. A. Partomuan Pohan, S.H., LLM., and (ii) the Annual General Meeting (&#8220;AGM&#8221;) of Stockholders&nbsp; of the Company dated May 11, 2012 as covered by notarial deed No. 14 of Ashoya Ratam, S.H., MKn., the composition of the Company&#8217;s Boards of Commissioners and Directors as of December 31, 2011 and 2012, respectively, was as follows:</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">2011</FONT></B></P></TD>

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   <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>

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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">2012</FONT></B></P></TD>

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   <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">President Commissioner</FONT></P></TD>

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

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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"></FONT>&nbsp;</P></TD>

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

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   <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">Commissioner</FONT></P></TD>

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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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">

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

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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"></FONT>&nbsp;</P></TD>

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

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   <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">Commissioner</FONT></P></TD>

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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"></FONT>&nbsp;</P></TD>

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

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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"></FONT>&nbsp;</P></TD>

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

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   <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">Independent Commissioner</FONT></P></TD>

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

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

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

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">Virano Gazi Nasution</FONT></P></TD>

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<TR>

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   <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">Independent Commissioner</FONT></P></TD>

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

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">Johnny Swandi Sjam</FONT></P></TD>

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

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IT color=windowtext face="Times New Roman">Johnny Swandi Sjam</FONT></P></TD>

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   <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">President Director</FONT></P></TD>

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

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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"></FONT>&nbsp;</P></TD>

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

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   <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 Finance</FONT></P></TD>

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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"></FONT>&nbsp;</P></TD>

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

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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"></FONT>&nbsp;</P></TD>

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

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   <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 Network and Solution</FONT></P></TD>

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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"></FONT>&nbsp;</P></TD>

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

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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"></FONT>&nbsp;</P></TD>

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

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

<TR>

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   <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 Enterprise and Wholesale</FONT></P></TD>

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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"></FONT>&nbsp;</P></TD>

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

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

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

<TR>

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   <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 Consumer</FONT></P></TD>

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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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">

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

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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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">

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

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

<TR>

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   <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>

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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"></FONT>&nbsp;</P></TD>

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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">Prasetio</FONT></P></TD>

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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"></FONT>&nbsp;</P></TD>

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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">Ririek Adriansyah</FONT></P></TD>

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

<TR>

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   <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 Information Technology Solution &amp; Strategic Portfolio</FONT></P></TD>

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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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><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; PADDING-TOP: 0in" vAlign=top 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="33%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><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; 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></TR>

<TR>

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   <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 Human Capital and General Affairs</FONT></P></TD>

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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"></FONT>&nbsp;</P></TD>

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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">Faisal Syam</FONT></P></TD>

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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"></FONT>&nbsp;</P></TD>

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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">Priyantono Rudito</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><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=arial,sans-serif></FONT>&nbsp;</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">2</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">.&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Audit Committee and Corporate Secretary</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 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The composition of the Company&#8217;s Audit Committee and the Corporate Secretary as of December&nbsp;31,&nbsp;201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> and 2012, were as follows:</FONT></P>

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<DIV align=left>

<TABLE style="WIDTH: 92.7%; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<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"></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; 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=top width="33%">

   <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>

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   <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>

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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">2012</FONT></B></P></TD>

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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"></FONT>&nbsp;</P></TD></TR>

<TR>

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

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

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

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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"></FONT>&nbsp;</P></TD></TR>

<TR>

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

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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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">

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

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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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="33%">

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

<TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><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" 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=top width="33%">

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

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

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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>&nbsp;</P></TD></TR>

<TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><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" 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="33%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><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=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=top width="33%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><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" 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="32%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><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" 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=top width="33%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><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=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=top width="33%">

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

<TR>

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

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

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

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

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

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

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<P style="TEXT-ALIGN: center">F - 14 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">
<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

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<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 (continued)</FONT></B></P>

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<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>

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<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 Government of the Republic of Indonesia (the &#8220;Government&#8221;). 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 the 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 were 35,000,000 ADS and each ADS represented 20&nbsp;Series B shares at that time.</FONT></P>

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<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, 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"><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 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">To comply with Law No. 1/1995 on 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 the 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, Law No. 1/1995 on Limited Liability Companies was amended by the issuance of Law No. 40/2007 on Limited Liability Companies which became effective on the same date. Law No. 40/2007 had no effect on the public offering of the shares of the Company. The Company has complied with Law No. 40/2007. </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 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 block of 312,000,000 shares or 3.1% of the total outstanding Series B shares.</FONT></P>

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<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 held on July 30, 2004, the minutes of which are 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 shares. Series A Dwiwarna share with par value of Rp500 was split into 1 Series A Dwiwarna share with par value of Rp250 per share and 1 Series B share with par value of Rp250 per share. The stock split resulted in the 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 Series A Dwiwarna share and 79,999,999,999 Series B shares, and issued capital stock from 1 Series A Dwiwarna share and 10,079,999,639 Series B shares to 1 Series A Dwiwarna share and 20,159,999,279 Series B shares. After the stock split, each ADS represented 40 Series B shares.</FONT></P>

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<P style="TEXT-ALIGN: center">F - 15 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">
<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

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<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 (continued)</FONT></B></P></DIV></DIV>

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<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 (continued)</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: 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, the 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 the AGM of Stockholders of the Company on May 19,&nbsp;2011, the Company&#8217;s stockholders approved phase I, II, III and IV plan, respectively, to repurchase the Company&#8217;s issued Series B shares (Note 22). As of December 31, 2012, 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 54,942,205 ADS shares were listed on the NYSE and LSE (Note </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">0).&nbsp;</FONT></P>

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<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, 2012, the Company&#8217;s outstanding bonds which were the second rupiah bonds issued on June 25, 2010 with a nominal amount of Rp1,005 billion for a five-year period and Rp1,995 billion for a ten-year period for Series A and Series B, respectively, were listed on the IDX (Note 18</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">b</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">).&nbsp;</FONT></P>

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<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>

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<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, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> and 2012, the Company has consolidated the following directly or indirectly owned subsidiaries (Notes 2b and 2d):</FONT></P>

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<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">(i)&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Direct subsidiaries:</FONT></U></I></B><FONT style="FONT-SIZE: 10pt" 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Nature of business/ date of incorporation or </FONT></B><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>acquisition by the </FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Percentage of ownership interest</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total assets before elimination</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Company</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: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>operation</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: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</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; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</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; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</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; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</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: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</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="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Telekomunikasi Selular (</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT color=windowtext>&#8220;Telkomsel&#8221;</FONT></B><FONT color=windowtext>)</FONT><I><FONT color=windowtext>,&nbsp;</FONT></I></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Jakarta, Indonesia</FONT></I></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telecommunication - <FONT style="FONT-SIZE: 10pt" face="Times New Roman">p</FONT>rovides telecommunication facilities and mobile cellular services using Global System for Mobile Communication (&#8220;GSM&#8221;) technology/</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>May 26, 1995</FONT></P>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT size=2></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1995</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>65</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>65</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>58,657</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>62,843</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Dayamitra Telekomunikasi (</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT color=windowtext>&#8220;Dayamitra&#8221;</FONT></B><FONT color=windowtext>), &nbsp;</FONT></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Jakarta, Indonesia</FONT></I></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telecommunication/ </FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT color=windowtext>May 17, 2001</FONT></P>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></FONT></FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1995</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,264</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,931</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Multimedia Nusantara (</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT color=windowtext>&#8220;Metra&#8221;</FONT></B><FONT color=windowtext>),&nbsp;</FONT></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Jakarta, Indonesia</FONT></I></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Multimedia and line telecommunication services/</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>May 9, 2003</FONT></P>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT size=2></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1998</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,949</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,394</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Telekomunikasi</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IT color=windowtext> Indonesia International (</FONT><B><FONT lang=IT color=windowtext>&#8220;TII&#8221;</FONT></B><FONT lang=IT color=windowtext>),&nbsp;</FONT><I><FONT lang=IT color=windowtext> &nbsp;</FONT></I></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>Jakarta, Indonesia</FONT></I></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telecommunication/</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT lang=IT color=windowtext>July 31, 2003</FONT></P>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></FONT></FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1995</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,279</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,440</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>PT Pramindo Ikat Nusantara (</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT lang=IT color=windowtext>&#8220;Pramindo&#8221;</FONT></B><FONT lang=IT color=windowtext>), &nbsp;</FONT></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>Jakarta, Indonesia</FONT></I></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</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: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>Telecommunication construction and services/</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>August 15, 2002</FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT size=2></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>1995</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>100</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>100</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>1,838</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>1,202</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</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="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>PT Indonusa Telemedia </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT color=windowtext>(</FONT><B><FONT color=windowtext>&#8220;Indonusa&#8221;</FONT></B><FONT color=windowtext>), &nbsp;</FONT></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Jakarta, Indonesia</FONT></I></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: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</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: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>Pay television and</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext> content services/ </FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>May 7, 1997</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>1997</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>100</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>(including</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>0.46%</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>ownership</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>through</FONT></P></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Metra)</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>100</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>(including</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>0.46%</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>ownership</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>through</FONT></P></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Metra)</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>714</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>771</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 16 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</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="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">
<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P></DIV></DIV>

<P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">1.</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">GENERAL (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</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><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> (continued)</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: justify; MARGIN: 0in 0in 0pt 0.5in"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(i)&nbsp;&nbsp;&nbsp; </FONT></I></B><B><I><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Direct subsidiaries:</FONT></U></I></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">(continued)&nbsp;</FONT></B></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Nature of business / </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>date </FONT></B><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>of incorporation </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>or </FONT></B><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>acquisition </FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Date of commercial </FONT></B></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Percentage of ownership interest</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total assets before elimination</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Subsidiary/place of incorporation</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>&nbsp;by the Company</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>operation</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>PT Graha Sarana Duta (</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT lang=DE color=windowtext>&#8220;GSD&#8221;</FONT></B><FONT lang=DE color=windowtext>),&nbsp;</FONT></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>Jakarta, Indonesia</FONT></I></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Leasing of offices and providing building management and maintenance services, civil consultant and developer/</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>April 25, 2001</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>1982</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>99.99</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>99.99</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>383</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>622</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Napsindo Primatel Internasional (</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT color=windowtext>&#8220;Napsindo&#8221;</FONT></B><FONT color=windowtext>),&nbsp;</FONT></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>Jakarta, Indonesia</FONT></I></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telecommunication - provides Network Access Point (NAP), Voice Over Data (VOD) and other related services/</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>December 29, 1998</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1999; ceased operations on</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>January 13, 2006</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>60</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>60</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>5</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>5</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>PT Telkom Akses (</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT lang=DE color=windowtext>&#8220;Telkom Akses&#8221;</FONT></B><FONT lang=DE color=windowtext>),&nbsp;</FONT><I><FONT lang=DE color=windowtext> &nbsp;</FONT></I></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>Jakarta, Indonesia</FONT></I></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Construction services and trade in the the field of telecommunication/</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>November 26, 2012</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>100</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><I><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></I></B>&nbsp;</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;(ii) </FONT></I></B><B><I><U><FONT style="FONT-SIZE: 10pt" 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"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 92.7%; MARGIN-LEFT: 0.75in" 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=top width="22%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 57pt" align=left><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</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: left; MARGIN: 0in 0in 0pt" align=left><SUP><B><FONT color=windowtext face="times new roman"></FONT></B></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="12%" align=center>

   <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>

   <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 </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">or </FONT></B><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">acquisition&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: left; MARGIN: 0in 0in 0pt" align=left><SUP><B><FONT color=windowtext face="times new roman"></FONT></B></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="12%" align=center>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Date of commercial </FONT></B></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: left; MARGIN: 0in 0in 0pt" align=left><SUP><B><FONT color=windowtext face="times new roman"></FONT></B></SUP>&nbsp;</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="25%" 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 ownership interest</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: left; MARGIN: 0in 0in 0pt" align=left><SUP><B><FONT color=windowtext face="times new roman"></FONT></B></SUP>&nbsp;</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="25%" 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; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><B><FONT color=windowtext face="times new roman"></FONT></B></SUP>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 0.15in">

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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">Subsidiary/place of incorporation</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: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext face="times new roman"></FONT></SUP>&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">by the Company</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: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT 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; HEIGHT: 0.15in; 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; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext face="times new roman"></FONT></SUP>&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">2011</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; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; 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">2012</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; MARGIN: 0in 0in 0pt" align=center><B><FONT 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; HEIGHT: 0.15in; 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">2011</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; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; 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">2012</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: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext face="times new roman"></FONT></SUP>&nbsp;</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="22%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">PT Sigma Cipta Caraka (&#8220;</FONT><FONT style="FONT-SIZE: 10pt"><B><FONT color=windowtext face="times new roman">Sigma</FONT></B><FONT color=windowtext face="times new roman">&#8221;), &nbsp;</FONT></FONT></P><FONT style="FONT-SIZE: 10pt"></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Tangerang</FONT></I><FONT style="FONT-SIZE: 10pt"><FONT color=windowtext face="times new roman">, </FONT></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; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; 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">Information technology service &#8211; system implementation and integration service, outsourcing and </FONT><FONT style="FONT-SIZE: 10pt" lang=DE color=windowtext face="times new roman">software license maintenance/</FONT></P><FONT style="FONT-SIZE: 10pt"></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" lang=DE color=windowtext face="times new roman">May 1, 1987</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; 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">1988</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1pt 0pt 0in" align=right><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; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; 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">100</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; 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">614</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.85pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">1,01<FONT style="FONT-SIZE: 10pt" face="Times New Roman">2</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</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="22%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">PT Infomedia Nusantara (</FONT><FONT style="FONT-SIZE: 10pt"><B><FONT color=windowtext face="times new roman">&#8220;Infomedia&#8221;</FONT></B><FONT color=windowtext face="times new roman">),&nbsp;</FONT></FONT></P><FONT style="FONT-SIZE: 10pt"></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><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; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; 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">Data and information service &#8211; provides telecommunication information services and other information services in the form of print and electronic media and call center services/</FONT></P><FONT style="FONT-SIZE: 10pt"></FONT>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">September 22, 1999</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; 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">1984</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1pt 0pt 0in" align=right><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; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; 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">100</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; 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">782</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.85pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">98<FONT style="FONT-SIZE: 10pt" face="Times New Roman">2</FONT></FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</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="22%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Telekomunikasi Indonesia International Pte. Ltd.,</FONT></P><FONT style="FONT-SIZE: 10pt"></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Singapore</FONT></I></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; 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">Telecommunication/ December 6, 2007</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; 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; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1pt 0pt 0in" align=right><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; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; 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">100</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; 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">431</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.85pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">522</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</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="22%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">PT Telkom Landmark Tower (&#8220;</FONT><FONT style="FONT-SIZE: 10pt"><B><FONT color=windowtext face="times new roman">TLT</FONT></B><FONT color=windowtext face="times new roman">&#8221;),&nbsp;</FONT></FONT></P><FONT style="FONT-SIZE: 10pt"></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><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; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; 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">Service for property, development and management/</FONT></P><FONT style="FONT-SIZE: 10pt"></FONT>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">February 1, 2012</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; 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">2012</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1pt 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: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; 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">55</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; 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">-</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.85pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">150</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</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="22%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Telekomunikasi Indonesia International (TL) S.A.,</FONT><FONT style="FONT-SIZE: 10pt"><I><FONT color=windowtext face="times new roman"> &nbsp;</FONT></I></FONT></P><FONT style="FONT-SIZE: 10pt"></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><I><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Timor Leste</FONT></I></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; 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">Telecommunication/ September 11, 2012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; 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">2012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1pt 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: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; 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">100</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; 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">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.85pt 0pt 0in" 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; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT 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 face=arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 17 </P>

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



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

<FONT style="FONT-SIZE: 10pt" face="Times New Roman">0</FONT>

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

<a name="_bclHeader126"></a><DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</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="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">
<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">1.</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">GENERAL (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</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><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> (continued)</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: justify; MARGIN: 0in 0in 0pt 0.5in"><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ii)&nbsp; </FONT></I></B><B><I><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Indirect subsidiaries:</FONT></U></I></B><B><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> </FONT></I></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></B></P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 57pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Nature of business/ date of incorporation or</FONT></B></P><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>acquisition by the </FONT></B></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Date of commercial </FONT></B></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Percentage of ownership interest</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total assets before elimination</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Subsidiary/place of incorporation</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Company</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>operation</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Finnet Indonesia (&#8220;</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT color=windowtext>Finnet</FONT></B><FONT color=windowtext>&#8221;),&nbsp;</FONT></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Jakarta, Indonesia</FONT></I></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Banking data and communication/</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>October 31, 2005</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2006</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>60</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>60</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>83</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>113</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Administrasi Medika (&#8220;</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT color=windowtext>Ad Medika</FONT></B><FONT color=windowtext>&#8221;),&nbsp;</FONT><I><FONT color=windowtext> &nbsp;</FONT></I></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Jakarta, Indonesia</FONT></I></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Health insurance and administration services/ </FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>February 25, 2010</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2010</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>75</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>75</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

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   <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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>83</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

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   <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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>95</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Metra Plasa (&#8220;</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT color=windowtext>Metra Plasa</FONT></B><FONT color=windowtext>&#8221;),&nbsp;</FONT></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Jakarta, Indonesia</FONT></I></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Website services/</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>April 9, 2012</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>95</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telekomunikasi Indonesia International Ltd.,</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><I><FONT color=windowtext> &nbsp;</FONT></I></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Hong Kong</FONT></I></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telecommunication/ December 8, 2010</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2010</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>56</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Metra-Net (&#8220;</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT color=windowtext>Metra-Net</FONT></B><FONT color=windowtext>&#8221;),&nbsp;</FONT><I><FONT color=windowtext> &nbsp;</FONT></I></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Jakarta, Indonesia</FONT></I></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Multimedia portal service/</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>April 17, 2009</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2009</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>41</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>33</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telkomsel Finance B.V., (&#8220;</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT color=windowtext>TFBV</FONT></B><FONT color=windowtext>&#8221;), &nbsp;</FONT></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amsterdam, The Netherlands</FONT></I></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Finance - established in 2005 for the purpose of borrowing, lending and raising funds including issuance of bonds, promissory notes or debts/</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>February 7, 2005</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2005</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>65</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>65</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8</FONT></P></TD>

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<TR style="HEIGHT: 0.15in">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telekomunikasi Selular Finance Limited (&#8220;</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT color=windowtext>TSFL</FONT></B><FONT color=windowtext>&#8221;), &nbsp;</FONT></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Mauritius</FONT></I></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Finance - established to raise funds for the development of Telkomsel&#8217;s business through the issuance of debenture stock, bonds, mortgages or any other securities/</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>April 22, 2002</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2002</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>65</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>65</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</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></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0</FONT></P>

   <P></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%"></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</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="24%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Aria West International Finance B.V. (&#8220;</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT color=windowtext>AWI BV</FONT></B><FONT color=windowtext>&#8221;),&nbsp;</FONT><I><FONT color=windowtext> &nbsp;</FONT></I></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Netherlands</FONT></I></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: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Established to engage in rendering services in the field of trade and finance services/</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>June 3, 1996</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1996; ceased operations on July 31, 2003</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

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<TR style="HEIGHT: 0.15in">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Infomedia Solusi Humanika (&#8220;</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT color=windowtext>ISH</FONT></B><FONT color=windowtext>&#8221;), &nbsp;</FONT></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><I><FONT style="FONT-SIZE: 10pt" color=windowtext>Jakarta</FONT></I><FONT style="FONT-SIZE: 10pt"><FONT color=windowtext>, </FONT></FONT><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Indonesia&nbsp;</FONT></I></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Established to engage in the services of distribution and supply of labor/</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>October 24, 2012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</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="24%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Graha Yasa Selaras (&#8220;</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT color=windowtext>GYS</FONT></B><FONT color=windowtext>&#8221;)&nbsp;</FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Tourism service/ </FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>April 27, 2012</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></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: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>51</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7</FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 18 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"></FONT></B></P>

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<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.</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">GENERAL (continued)</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</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><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> (continued)</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"></FONT></I>&nbsp;</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)&nbsp;&nbsp; Metra</FONT></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"></FONT></I>&nbsp;</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 2, 2012, based on notarial deed No. 03 dated April 2, 2012 of Utiek R. Abdurachman, S.H., MLI., MKn., Metra established PT Metra Plasa (&#8220;Metra Plasa&#8221;)&nbsp;with authorized capital of Rp50 million with issued and fully paid capital of Rp12.5 million.</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 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On July 20, 2012, based on the Circular Resolution of Stockholders of Metra Plasa, as covered by notarial deed No. 1 of Utiek R. Abdurachman, S.H., MLI., MKn., dated October 1, 2012, Metra Plasa&#8217;s stockholders agreed on 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"></FONT>&nbsp;</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">to increase Metra Plasa&#8217;s authorized capital from Rp50 million to Rp60 billion consisting of 6,000,000 shares with nominal value of Rp10,000 per share;</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">to increase its issued and fully paid capital from Rp12.5 million owned 100% by Metra to Rp15.25 billion by issuing 1,523,750 additional shares with nominal value of Rp10,000 per share;</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">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">from the issued new shares, 913,750 shares with total nominal value of Rp9 billion were subscribed by Metra while 610,000 shares with total nominal value of Rp6 billion were subscribed by eBay International AG at a premium totaling Rp78 billion. Metra&#8217;s ownership was diluted to 60% with the remaining 40% owned by eBay International AG. </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 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On September 21, 2012, based on notarial deed No. 11 dated September 21, 2012 of N.M. Dipo Nusantara Pua Upa, S.H., MKn. which was approved by the MoLHR in its Letter No. AHU-50211.AH.01.01/2012 dated September 26, 2012, Metra established a company with Pelindo II, a related party of the Company, called PT Integrasi Logistik Cipta Solusi (&#8220;ILCS&#8221;) with 49% ownership. ILCS will engage in providing E-trade logistics services and other related services. </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; 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)&nbsp;&nbsp; TII </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 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based on the Circular Resolution of Stockholders of TII dated September 11, 2012, as covered by notarial deed No. 04 dated October 4, 2012 of Siti Safarijah, S.H., TII&#8217;s stockholders agreed to establish a subsidiary in Timor Leste named Telekomunikasi Indonesia International (&#8220;TL&#8221;) S.A. The subsidiary is currently engaged in providing telecommunication services.</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; 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)&nbsp;&nbsp; GSD </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 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based on notarial deed No. 71 of Kartono, S.H. dated December 27, 2011 which was approved by the MoLHR through its Decision Letter No. AHU-05281.AH.01.01/2012 dated February 1, 2012, GSD established a subsidiary, PT Telkom Landmark Tower (&#8220;TLT&#8221;), with Yayasan Kesehatan (&#8220;Yakes&#8221;), a related party of the Company, with 55% ownership. TLT is engaged in property development and management. </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 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based on notarial deed No. 48 dated February 7, 2012 of Sri Ahyani, S.H. which was approved by the MoLHR in its Letter No. AHU-22272.AH.01.01/2012 dated April 27, 2012, GSD established a subsidiary, PT Graha Yasa Selaras (&#8220;GYS&#8221;), with Yakes, a related party of the Company, with 51% ownership. GYS is engaged in tourism business. For the year ended December 31, 2012, GYS had no financial and operational activities.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 19 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<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; GENERAL (continued)</FONT></B></P></DIV>

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<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 (continued)</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"></FONT></I>&nbsp;</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">(d)&nbsp;&nbsp; Telkom Akses </FONT></P>

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<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 26, 2012, based on notarial deed No. 20 dated November 26, 2012 of Siti Safarijah, S.H. which was approved by the MoLHR in its Letter No. AHU-60691.AH.01.01/2012 dated November 28, 2012, the Company established a subsidiary, PT Telkom Akses (&#8220;Telkom Akses&#8221;), with 100% ownership. Telkom Akses will engage in providing construction services and trade in the field of telecommunication. For the year ended December 31, 2012, Telkom Akses had no financial and operational activities.</FONT></P>

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<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">(e)&nbsp;&nbsp; Sigma</FONT></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"></FONT></I>&nbsp;</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 J</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">une 29</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, 20</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">12</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, based on notarial deed No. </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Utiek R. Abdurachman</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, S.H.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">, MLI, MKn.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> dated August </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">13</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, 20</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">12</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> Sigma</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> entered into a Sales Purchase Agreement to purchase</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> 150,000</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> of PT Sigma Solusi Integrasi&#8217;s (&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">SSI</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&#8217;s&#8221;) shares or the equivalent of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">30</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">% of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">SSI</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&#8217;s total ownership, with a transaction value of Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">26 b</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">illion from the non-controlling interest. On July 19, 2012, Sigma settled the transaction. The difference between the acquisition cost and the carrying amount of the interest acquired amounting to Rp22 billion was recorded in</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> retained earnings </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">presented under the equity section of the consolidated statements of financial position.</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 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On August 15, 2012, based on notarial deed of Ny. Bomantari Julianto, S.H. dated&nbsp;August 15, 2012, Sigma entered into a Conditional Sales Purchase Agreement with PT Bina Data Mandiri (&#8220;BDM&#8221;) to purchase a Data Center Business, with a transaction value of&nbsp; Rp230 billion, from BDM. Based on the closing agreement dated November 30, 2012, the identifiable assets arising from the acquisition consisted of land, buildings, machinery and equipment with total fair value amounting to Rp150 billion and intangible assets, which included customer contracts and backlog, with fair value amounting to Rp3 billion. The acquisition resulted in a goodwill amounting to Rp77 billion.</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 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On September 17, 2012, based on notarial deed No. 10 of Utiek R. Abdurachman, SH., MLI., MKn. dated September 17, 2012, Sigma&#8217;s stockholders agreed to liquidate its subsidiary, PT Sigma Karya Sempurna (&#8220;SKS&#8221;), effective from September 17, 2012. The liquidation constitutes a process of internal restructuring of Sigma Group&#8217;s business. As of the issuance date of the consolidated financial statements, the District Court&#8217;s decision on the liquidation request is still in process.</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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(f)&nbsp;&nbsp;&nbsp; Infomedia</FONT></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"></FONT></I>&nbsp;</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 October 24, 2012, based on notarial deed No. 15 of Zulkifli Harahap, S.H. dated October 24, 2012 which was approved by the MoLHR through its Decision Letter No. AHU-55715.AH.01.01/2012 dated October 30, 2012, Infomedia established a subsidiary called PT Infomedia Solusi Humanika (&#8220;ISH&#8221;) with 100% ownership. ISH is engaged in the services of distribution and supply of labor. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 20 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<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 (continued)</FONT></B></P></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"></FONT></B>&nbsp;</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 (continued)</FONT></B></P>

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<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">(f)&nbsp;&nbsp;&nbsp; Infomedia (continued)</FONT></P>

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<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 17, 2012, based on notarial deed No. 231 dated December 17, 2012, of&nbsp;&nbsp;M. Kholid Artha, S.H. Infomedia purchased 3,555 shares of Balebat, a subsidiary of Infomedia, or the equivalent of 31.46% of Balebat&#8217;s total ownership, with a transaction value of Rp8.8 billion, from the non-controlling interests. The difference between the acquisition cost and the carrying amount of the interests acquired amounting to Rp1 billion is recorded in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">retained earnings </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">presented under the equity section of the consolidated statements of financial position.</FONT></P>

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<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>

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<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 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">prepared&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> and</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> approved </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">for issuance </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">by the Board of Directors on </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">March 22</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">, 2013.</FONT></P>

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<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>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The consolidated financial statements of the Company and subsidiaries have been prepared in accordance with </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">International Financial Reporting Standards (&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">IFRS</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&#8221;)&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> as issued by the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">International Accounting Standards Board (&#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">IASB</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&#8221;)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">. &nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.9pt; MARGIN: 0in 0in 0pt 37.1pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; Basis of preparation of the financial statements</FONT></B></P>

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<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. The measurement basis used is historical cost, except</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> for</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> certain accounts which are measured using the basis mentioned in the relevant notes herein.</FONT></P>

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<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 receipts and disbursements of cash and cash equivalents classified into operating, investing and financing activities.</FONT></P>

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<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 presented and rounded to billions of Indonesian rupiah (&#8220;Rp&#8221;), unless otherwise stated.</FONT></P>

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<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;&nbsp; Principles of consolidation</FONT></B></P>

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<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 include the assets and liabilities of the Company and subsidiaries in which the Company, directly or indirectly, has ownership of more than half of the voting power and has the ability to govern the financial and operating policies of 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 such control ceases.</FONT></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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

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<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;b.&nbsp;&nbsp;&nbsp;&nbsp; Principles of consolidation (continued)</FONT></B></P>

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<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">Non-controlling interests represent the portions of the profit and loss and net assets of the subsidiaries not attributable, directly or indirectly, to the Company. Profit or loss and each component of other comprehensive income </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">(&#8220;OCI&#8221;) </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">are attributed to the owners of the Company and to the non-controlling interests proportionally in accordance with their respective ownership interests in the subsidiaries. Non-controlling interests are presented under the equity section of the consolidated statements of financial position, separately from the owners of the Company&#8217;s equity. In the consolidated statements of compherensive income, total profit or loss and total comprehensive income that can be attributed to the owners of the Company and to the non-controlling interests are presented separately and not presented as income or expense. </FONT></P>

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<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">Intercompany balances and transactions have been eliminated in the consolidated financial statements.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.45pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; Transactions with related parties</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.7pt"><FONT style="LINE-HEIGHT: 104%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The Company and subsidiaries have transactions with related parties. The definition of related parties used is in accordance with International Accounting Standards (&#8220;IAS&#8221;) 24, </FONT><I><FONT style="LINE-HEIGHT: 104%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Related Party Disclosures</FONT></I><FONT style="LINE-HEIGHT: 104%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">. The party which is considered a related party is a person or entity that is related to the entity that is preparing its financial statements.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Key management personnel are identified as the persons having authority and responsibility for planning, directing and controlling the activities of the entity, directly or indirectly, including any director (whether executive or otherwise) of the Company and subsidiaries. The related party status extends to the key management of the subsidiaries to the extent they direct the operations of subsidiaries with minimal involvement from the Company&#8217;s management.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -15pt; MARGIN: 0in 0in 0pt 35pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">d. &nbsp; Business combinations</FONT></B></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"></FONT></B>&nbsp;</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">Business combination is accounted for using the acquisition method. The consideration transferred is measured at fair value, which is the aggregate of the fair value of the assets transferred, liabilities incurred or assumed and the equity instruments issued in exchange for control of the acquiree. Acquisition-related costs are expensed as incurred. The acquiree&#8217;s identifiable assets and liabilities are recognized at their fair values at the acquisition date.</FONT></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

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<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 (continued)</FONT></B></P></DIV>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -15pt; MARGIN: 0in 0in 0pt 35pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">d. &nbsp; Business combinations (continued)</FONT></B></P>

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<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">Goodwill arising on acquisition is recognized as an asset and measured at cost representing the excess of the aggregate of the consideration, the amount of any non-controlling interests in the acquiree, and the fair value of the acquirer&#8217;s previously held equity interest in the acquiree, if any, over the net of the fair values of the identifiable assets and liabilities at the date of acquisition.</FONT></P>

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<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">Non-controlling interests that entitle their holders to a proportionate share of the entity&#8217;s net assets in the event of liquidation may be initially measured either at fair value or at the non-controlling interest&#8217;s proportionate share of the recognized amounts of the acquiree&#8217;s identifiable net assets. The choice of the measurement basis is made on a transaction-by-transaction basis.</FONT></P>

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<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">When the determination of consideration from a business combination includes contingent consideration, it is measured at its fair value on acquisition date. Contingent consideration is classified either as equity or a financial liability. Amounts classified as a financial liability are subsequently remeasured to fair value with changes in fair value recognized in profit or loss when adjustments are recorded outside the measurement period. Changes in the fair value of the contingent consideration that qualify as measurement-period adjustments are adjusted retrospectively, with corresponding adjustments made against goodwill. Measurement-period adjustments are adjustments that arise from additional information obtained during the measurement period, which cannot exceed one year from the acquisition date, about facts and circumstances that existed at the acquisition date.&nbsp; </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">For the purpose of impairment testing, assets are grouped at the lowest levels for which there are separately identifiable cash flows, known as cash-generating unit. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of the asset in the unit. Impairment losses recognized for goodwill </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">may not be reversed in the subsequent period.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Recoverable amount is the higher of fair value less costs to sell and value in use. In </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">determining&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> the value in use, the estimated future cash flows </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">which are expected to be received</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> are discounted to the present value using a pre-tax discount rate that reflects current market asses</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">s</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">ments of the time value of money and the risks spe</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">ific to the asset for which the estimate</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> of future cash flows have not been adjusted.</FONT></P>

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<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>

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<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 an original maturity of three months or less at the time of placement. </FONT></P>

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<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">Time deposits with maturities of more than three months but not more than one year, are presented as other current financial assets.</FONT></P>

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<P style="TEXT-ALIGN: center">F - 23</P></DIV>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B></P>

<P></P>2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></DIV>

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<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 in associated companies</FONT></B></P>

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<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">Investments in companies where the Company or a subsidiary has 20% to 50% of the voting rights, and through which the Company or subsidiary exerts significant influence, but not control, over the financial and operating policies are accounted for using the equity method. Under this method, the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Company&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> or subsidiary recognizes its 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 or subsidiary&#8217;s share of loss exceeds the carrying amount of the investment in the associated company, the carrying amount is reduced to nil and recognition of further losses is discontinued except to the extent that the Company or subsidiary has incurred legal or constructive obligations or made payments on behalf of the associated company.</FONT></P>

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<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">Investment in joint ventures is accounted for by the equity method, whereby the participation in a joint venture is initially recorded at cost and subsequently adjusted for changes in the share of the joint venture&#8217;s net assets that occurred after the acquisition.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">The Company </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">or the</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> subsidiar</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">y&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> determine</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> at each reporting date whether there is any objective evidence that the investment in the associate</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">d company</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> is impaired. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">If there is</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">, the Company </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">or the</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> subsidiar</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">y&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> calculate</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">s and recognizes</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> the amount of impairment as the difference between the recoverable amount of</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> the investment in</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> the associate</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">d company </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">and its carrying value</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">.&nbsp;</FONT></P>

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<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 investments are included in long-term investments in the consolidated statements of financial position.</FONT></P>

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<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>

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<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 provision for impairment. This provision for impairment is made based on management&#8217;s evaluation of the collectibility of the outstanding amounts. Receivables are written off in the year they are determined to be uncollectible.&nbsp; </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Inventories consist of components and modules, which are subsequently expensed or transferred to property and equipment upon use. Components and modules represent telephone terminals, cables, transmission installation spare parts and other spare parts. 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 blank prepaid voucher, which are expensed upon sale. The costs of inventories comprise of the purchase price, import duties, other taxes, transport, handling and other costs directly attributable to their acquisition. Inventories are stated at the lower of cost and net realizable value. Net realizable value is the estimate of selling price less the costs to sell.</FONT></P>

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<P style="TEXT-ALIGN: center">F - 24 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

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<P></P>2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></DIV>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">h.&nbsp;&nbsp;&nbsp;&nbsp; Inventories </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></B></P>

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<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, handsets, set top box, wireless broadband modem and blank prepaid voucher, and the specific identification method for modules.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><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 are recognized as an expense in the year 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, is recognized in the year in which the reversal occurs.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Provision for obsolescence is primarily based on the estimated forecast of future usage of these items.&nbsp;&nbsp;&nbsp; </FONT></P>

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<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 consist of intangible assets from subsidiaries or business acquisitions, license and computer software. Intangible assets are recognized if it is probable that the expected future economic benefits that are attributable to each asset will flow to the Company or subsidiaries and the cost of the asset can be reliably measured.&nbsp; </FONT></P>

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<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 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>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="61%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="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="39%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">2-20</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: justify; MARGIN: 0in 0in 0pt"><FONT color=black face="Times New Roman"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Intangible assets are derecognized when no further economic benefits are expected, either from further use or from disposal. The difference between the carrying amount and the net proceeds received from disposal is recognized in the consolidated statements of comprehensive income. </FONT></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=left>F - 25 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P></FONT></B></DIV>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 10pt 0.25in"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">1.</FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">l.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Property and equipment - direct acquisitions</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Property 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"></FONT>&nbsp;</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 an item of fixed assets includes: (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 and equipment with a cost that is significant in relation to the total cost of the item is depreciated separately. </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"></FONT>&nbsp;</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 and equipment are depreciated and amortized 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"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 95.14%; MARGIN-LEFT: 0.5in" 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=top width="62%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=black 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; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Years</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; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" color=black face="Times New Roman"></FONT>&nbsp;</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="62%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="Times New Roman">Land rights</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="38%">

   <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">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: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT>&nbsp;</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="62%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><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; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="38%">

   <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>

   <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; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT>&nbsp;</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="62%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><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; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="38%">

   <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>

   <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; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT>&nbsp;</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="62%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><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; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="38%">

   <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>

   <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; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT>&nbsp;</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="62%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><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; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="38%">

   <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>

   <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; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT>&nbsp;</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="62%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><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; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="38%">

   <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>

   <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; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT>&nbsp;</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="62%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><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; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="38%">

   <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>

   <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; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT>&nbsp;</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="62%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><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; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="38%">

   <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>

   <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; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT>&nbsp;</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="62%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><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; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="38%">

   <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>

   <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; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT>&nbsp;</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="62%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><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; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="38%">

   <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>

   <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; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT>&nbsp;</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="62%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><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; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="38%">

   <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>

   <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; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT>&nbsp;</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="62%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><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; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="38%">

   <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>

   <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; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT>&nbsp;</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="62%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><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; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="38%">

   <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>

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

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The depreciation method, useful life and residual value of an asset are reviewed at least at each financial year end and adjusted, if appropriate</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">. The residual value of an asset is the estimate</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">d&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> amount that </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">the Company and subsidiaries</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> would currently obtain from disposal of the asset, after deducting the estimated costs of disposal</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">. I</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">f the asset </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">is&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> already of the age and in the condition expected at the end of its useful life</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, the Company and subsidiaries assign the residual value of Rp1 to the asset.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The Company and subsidiaries periodically evaluate their property 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 on the higher of its fair value less cost to sell and its value in use.</FONT></P>

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<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 and equipment acquired in exchange for a non-monetary asset or for a combination of monetary and non-monetary assets are measured at fair values unless (i) the exchange transaction lacks commercial substance or (ii) the fair value of neither the assets received nor the assets given up can be measured reliably.</FONT></P>

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<P style="TEXT-ALIGN: center">F - 26 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"></P></FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2.&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B> </DIV>

<a name="_bclHeader135"></a><DIV>&nbsp;</DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt"><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">l.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Property and equipment - direct acquisitions </FONT></B><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</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 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">profit or loss </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">as these are 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 and equipment.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">When assets are retired or otherwise disposed of, their cost and the related accumulated depreciation are derecognized from the consolidated statements of financial position, and the resulting gains or losses on their disposal or sale are recognized in the consolidated statements of comprehensive income.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Certain computer hardware can not be used without certain computer software. In such a case, the computer software is recorded as part of the computer hardware. If the computer software is independent from its computer hardware, it is recorded as part of intangible assets.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The cost of maintenance and repairs is charged to the consolidated </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">statements of comprehensive income </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">as this is incurred. Significant renewals and betterments are capitalized.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Property under construction is stated at cost. When the construction is completed, the cost is reclassified to the specific property 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 on loans obtained to finance the construction of the asset, as long as the asset meets the definition of a qualifying asset, are capitalized in proportion to the average amount of accumulated expenditures during the year. Capitalization of borrowing cost ceases when the construction has been completed and the constructed asset is ready for its intended use.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Equipment temporarily unused is reclassified into equipment not used in operations and depreciated over its estimated useful life using straight-line method.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt"><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">m.&nbsp;&nbsp; Leases </FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In determing whether an arrangement is, or contains, a lease, the Company and subsidiaries perform an evaluation over the substance of the arrangement. A lease is classified as a finance lease or operating lease based on the substance, not the form of the contract. </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Finance lease is recognized if the lease transfers substantially all the risks and rewards incidental to the ownership.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Assets and liabilities under a finance lease are recognized in the consolidated statements of financial position at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Any initial direct costs of the Company and subsidiaries are added to the amount recognized as an asset.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding liability. The finance charge is 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 are charged as expenses in the year in which they are incurred.</FONT></P>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Leased assets are depreciated using the same method with, and based on the useful lives as estimated for, directly acquired property and equipment. However, if there is no reasonable certainty that the Company and subsidiaries will obtain ownership by the end of the lease term, the leased assets are fully depreciated over the shorter of the lease terms and their economic useful lives.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">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>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B></P>

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<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 (continued)</FONT></B></P></DIV>

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<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; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Trade payables </FONT></B></P>

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<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">Trade payables are obligations to pay for goods or services acquired from suppliers in the ordinary course of business. Trade payables are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. </FONT></P>

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<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">Trade payables are recognized initially at fair value and subsequently measured at amortized cost using the effective interest method.</FONT></P>

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<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; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Borrowings &nbsp;</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Borrrowings are recognized initially at fair value, net of transaction costs incurred. Borrowings are subsequently carried at amortized cost</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">;&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> any difference between the proceeds (net of transaction costs) and the redemption value is recognized in the consolidated statement</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> of comprehensive income over the period of the borrowings using the effective interest method.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Fees paid on </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">obtaining&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> loan facilities are recognized as transaction costs of the loan to the extent that it is probable that some or all of the facility will be drawn down. In this case, the fee is deferred until the drawdown occurs. To the extent there is no evidence that it is probable that some or all of the facility will be drawn down, the fee is capitalized as a pre-payment for liquidity services and amortized over the period of the facility </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">which </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">the fee</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> relates.</FONT></P>

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<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">p.&nbsp;&nbsp;&nbsp;&nbsp; Foreign currency translation </FONT></B></P>

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<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 functional currency and the recording currency of the Company and subsidiaries is the Indonesian rupiah, except for the functional currency of Telekomunikasi Indonesia International Pte. Ltd., Hong Kong and Telekomunikasi Indonesia International Pte., Singapore whose accounting records are maintained in U.S. dollar. 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 denominated in foreign currencies are translated into Indonesian rupiah based on the buy and sell rates quoted by Reuters and prevailing at the consolidated statement of financial position date, as follows:</FONT></P>

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

<DIV align=left>

<TABLE style="WIDTH: 95.14%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD vAlign=top width="28%">

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=#000000 face="times new roman"></FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid" vAlign=top width="72%" colSpan=7>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=#000000 face="times new roman"></FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=#000000 face="times new roman">(in full amount)</FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=#000000 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="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 10pt" color=black face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=black 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="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=black face="times new roman">2012</FONT></B></P></TD>

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

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=black 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="28%">

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="LINE-HEIGHT: 93%; 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=top width="17%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="times new roman">Buy</FONT></B></P></TD>

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

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="17%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="times new roman">Sell</FONT></B></P></TD>

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

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="LINE-HEIGHT: 97%; 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=top width="17%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="times new roman">Buy</FONT></B></P></TD>

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

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="18%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="times new roman">Sell</FONT></B></P></TD>

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

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 97%; 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="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="times new roman">United States dollar (&#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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,060</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="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,075</FONT></P></TD>

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

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=black face="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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,630</FONT></P></TD>

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

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=black face="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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9,645</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="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=black 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="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 97%; 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="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: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11,727</FONT></P></TD>

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

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,721</FONT></P></TD>

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

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12,743</FONT></P></TD>

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

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 97%; 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="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 97%; 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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">116.69</FONT></P></TD>

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

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">116.96</FONT></P></TD>

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

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="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="17%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">111.65</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="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">111.84</FONT></P></TD>

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

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 28 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></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="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>

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<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 (continued)</FONT></B></P></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"></FONT></B>&nbsp;</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; Foreign currency translation </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&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"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35pt"><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 statements of comprehensive income, 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 2l).</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"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">q.&nbsp;&nbsp;&nbsp;&nbsp; Revenue and expense recognition</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 53.55pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">i.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fixed line telephone revenues</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"></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.6pt"><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=IN color=windowtext face="Times New Roman"> Based on reviews of historical information and customer trends, the Company </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">has </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">determined the expected term of the customer relationships </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">to be</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> 10 years</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> for each of the years presented</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=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.&nbsp; </FONT></P>

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

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 53.55pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">ii.&nbsp;&nbsp;&nbsp;&nbsp; Cellular and fixed wireless telephone revenues </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"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.6pt"><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"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 71.45pt"><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"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 71.45pt"><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"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.6pt"><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"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 71.45pt"><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">Sales 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; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 71.45pt"><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">Sales 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"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 71.45pt"><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"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 53.3pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">iii.&nbsp;&nbsp;&nbsp; Interconnection revenues </FONT></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"></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.6pt"><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</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> monthly on the basis of the actual recorded traffic for the month</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">. Interconnection revenues consist of revenues derived from other operator&#8217;s subscribers&#8217; calls to the Company&#8217;s and subsidiary&#8217;s operator&#8217;s subscribers (incoming), and calls between subscribers of other operator made through the Company&#8217;s and subsidiary&#8217;s network (transit).</FONT></P>

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<P style="TEXT-ALIGN: center">F - 29 </P>

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<a name="_bclHeader138"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<a name="_bclHeader138"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<a name="_bclHeader138"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<a name="_bclHeader138"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

<a name="_bclHeader138"></a><P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"></P>

<a name="_bclHeader138"></a><DIV></DIV></FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"><FONT size=3></FONT></FONT>&nbsp;</DIV>

<a name="_bclHeader138"></a><DIV><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"><STRONG>2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</STRONG></FONT></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt"><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">q.&nbsp;&nbsp;&nbsp;&nbsp; Revenue and expense recognition </FONT></B><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 6pt" lang=EN-US color=black face="Times New Roman"></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 53.55pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">iv.&nbsp;&nbsp;&nbsp; Data, internet and information technology services revenues </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Revenues from data communication and internet are recognized based on </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">service activity and performance which </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">is </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">measured by duration of internet usage or based on the fixed amount charge</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">d&nbsp;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> depending on the arrangements with customers.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 6pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in"><FONT style="LINE-HEIGHT: 97%; 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="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">when the goods are delivered to customers</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> or the installation take</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">s&nbsp;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> place.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -35pt; MARGIN: 0in 0in 0pt 35pt"><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 6pt" lang=IN color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Revenue from computer software development service is recognized using the percentage</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">-</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">of</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">-</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">completion method.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 6pt" lang=EN-US color=black face="Times New Roman"></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 53.55pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">v.&nbsp;&nbsp;&nbsp; Revenues from network</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 6pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 53.6pt"><FONT style="LINE-HEIGHT: 97%; 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 are recognized over the period in which the services are rendered.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 6pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0in 53.55pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">vi.&nbsp;&nbsp; Other telecommunication services revenues</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 6pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: 97%; 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 </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Revenue-Sharing Arrangement</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">s&nbsp;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> (&#8220;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">RSA</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&#8221;)</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, service concession arrangement and sales of other telecommunication services or goods. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 6pt" 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 0.75in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The RSA are recorded in a manner similar to finance leases where the property and equipment and obligation under RSA are reflected on the consolidated </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">statements of financial position</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">. All revenues generated from the RSA are recorded as a component of revenues, while a portion of the investors&#8217; share of the revenues from the RSA is recorded as finance costs, with the balance treated as a reduction of the obligation under RSA.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 6pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Universal Service Obligation (&#8220;USO&#8221;) compensation from construction activities to design, build and finance assets for the grantor is recognized on a stage-of-completion basis. Revenues from operating and maintainance activities in respect of the assets under the concession are recognized when the services are rendered.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">In concession contract under USO, the Company and subsidiaries have contractual rights to receive considerations from the grantor. The Company and subsidiaries recognize a financial asset in the consolidated statements of financial position in consideration for the services they provide (designing, building, operation or maintenance of assets under concession). Such financial assets are recognized in the consolidated statements of financial position as Accounts Receivable, for the amount of the fair value of the infrastructure on initial recognition and subsequently at amortized cost. The receivable is settled by means of the grantor&#8217;s payments received. The financial income calculated on the basis of the effective interest rate is recognized as financing income.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in"><FONT style="LINE-HEIGHT: 97%; 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>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">vii.&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Multiple-element arrangements</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 0.75in"><I><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></I><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Where two or more revenue</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">-</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">generating activities or deliverables are sold under a single arrangement, each deliverable that is considered to be a separate unit of accounting is accounted for separately. The total revenue is allocated to each separately identifiable component based on the relative fair value of each component and the appropriate revenue recognition criteria are applied to each component as described above. </FONT></P>

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<P style="TEXT-ALIGN: center">F - 30 </P>

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<a name="_bclHeader139"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<a name="_bclHeader139"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<a name="_bclHeader139"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<a name="_bclHeader139"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

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<a name="_bclHeader139"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%"></DIV></FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"><FONT size=3></FONT></FONT>&nbsp;

<DIV></DIV>

<a name="_bclHeader139"></a><DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"><STRONG>2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</STRONG></FONT></DIV>

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

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">q.&nbsp;&nbsp;&nbsp;&nbsp; Revenue and expense recognition </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></B></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">viii.&nbsp; Agency relationship</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Revenues from an agency relationship are recorded based on the gross amount billed to the customers when the Company and subsidiaries act as principal in the sale of goods and services. Revenues are recorded based on the net amount retained (the amount paid by the customer less amount paid to the suppliers) because, in substance, the Company and subsidiaries have acted as agents and earned commission from the suppliers of the goods and services sold.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">ix.&nbsp;&nbsp;&nbsp; Customer loyalty programme</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The Company and subsidiaries operate a loyalty point programme, which allows customers to accumulate points for every multiple of certain usage of telecommunication services. The points can then be redeemed in the future for free or discounted products, provided other qualifying conditions are achieved.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Consideration received is allocated between the telecommunication services and the points issued, with the consideration allocated to the points equal to their fair value. Fair value of the points is determined based on historical information about redemption rate of award points. The fair value of the points issued is deferred and recognized as revenue when the points are redeemed or expired.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: normal; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 0.75in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">x</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">.&nbsp;&nbsp;&nbsp;&nbsp; Expenses</FONT></P>

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

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 0.75in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expenses are recognized </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">as these are incurred</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: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">r.&nbsp;&nbsp;&nbsp;&nbsp; Employee benefits</FONT></B></P>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">i. &nbsp;&nbsp;&nbsp;&nbsp; Short-term employee benefits</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.6pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">All short-term employee benefits which consist of salaries and related benefits, vacation pay, incentives and other benefits are recognized as expense on undiscounted basis when employees have rendered service to the Company and subsidiaries.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">ii.&nbsp;&nbsp;&nbsp;&nbsp; Pension and post-employment health care benefit plans</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><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-employment 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 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 interest rates of government bonds that are denominated in the currency in which the benefits will be paid and that have terms to maturity approximating the terms of the related retirement benefit obligation. Government bonds are used as there are no deep markets for high quality corporate bonds.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><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 0.75in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The amount of prepaid pension costs recognized in the consolidated statements of financial position is limited to the total of (i) any unrecognized past service costs; and (ii) any reduction in future contribution to the plan.</FONT></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P></FONT>

<P></P>2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></DIV>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">r.&nbsp;&nbsp;&nbsp;&nbsp; Employee benefits </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></B></P>

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<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">ii.&nbsp;&nbsp;&nbsp;&nbsp; Pension and post-employment health care benefit plans (continued)</FONT></P>

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<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">Prior service cost is recognized immediately if vested or amortized over the vesting period. All other expenses related to the defined benefits are charged to personnel expenses in profit or loss.</FONT></P>

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<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">Plan assets are assets that are held by the pension and post-employment health care benefit plans. These assets are measured at fair value at the end of the reporting period. The amount of prepaid pension costs that can be recognized is limited to the total of any unrecognized past service costs, unrecognized actuarial losses and the present value of economic benefits available in the form of refunds from the plan or reductions in future contributions to the plan.</FONT></P>

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<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 such are included in staff costs as they become payable.</FONT></P>

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<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">iii.&nbsp;&nbsp;&nbsp; Long Service Awards (&#8220;LSA&#8221;) and Long Service Leave (&#8220;LSL&#8221;)</FONT></P>

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<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 Telkomsel, a 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 a certain minimum age.</FONT></P>

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<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 obligations with respect to LSA and LSL are calculated by an independent actuary using the projected unit credit method.</FONT></P>

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<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">iv.&nbsp;&nbsp;&nbsp; Early retirement benefits</FONT></P>

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<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>

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<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">v.&nbsp;&nbsp;&nbsp;&nbsp; Pre-retirement benefits</FONT></P>

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<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</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> regular salary, health care, annual leave, bonus and other benefits. Benefits provided to employees wh</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">o&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> enter pre-retirement period are calculated by an independent actuary using the projected unit credit method.</FONT></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<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 (continued)</FONT></B></P></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">r.&nbsp;&nbsp;&nbsp;&nbsp; Employee benefits </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">vi.&nbsp;&nbsp;&nbsp; Other post-employment benefits</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><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>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">A</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">ctuarial gains or losses arising from experience adjustments and changes in actuarial assumptions </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">are&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> charged or credited to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">OCI</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">.&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> Such actuarial gains and losses are also immediately recognized in retained earnings and are not reclassified to profit or loss in subsequent periods.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><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 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>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.7pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">Current and deferred tax</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">es are </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">recognized as income or an expense and included in </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">consolidated statements of comprehensive income, except to the extent that </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">if </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">the tax arises from a transaction or event which is recognized directly in equity, the tax </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">is</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> recognized directly to equity.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.7pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">The 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. Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax regulation is subject to interpretation. Where appropriate, management establishes provisions based on the amounts expected to be paid to the tax authorities.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Amendment to taxation obligation is recorded when an assessment letter (&#8220;Surat Ketetapan Pajak&#8221; or &#8220;SKP&#8221;) is received or if appealed against, when the results of the appeal are determined. The additional taxes and penalty imposed through SKP are recognized as expense in profit or loss, unless objection/appeal action is taken. The additional taxes and penalty imposed through SKP are deferred as long as they meet the asset recognition criteria.</FONT></P>

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<P style="TEXT-ALIGN: center">F - 33 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P></FONT>

<P></P>2.&nbsp;&nbsp;&nbsp;&nbsp;SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></DIV>

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

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">t.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial instruments</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The Company and subsidiaries classify financial instruments into financial assets and financial liabilities. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Financial assets and liabilities are recognized initially at fair value including transaction costs. These are subsequently measured either at fair value or amortized cost using the effective interest method in accordance with their classification.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -20.3pt; MARGIN: 0in 0in 0pt 56.7pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">i.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial assets&nbsp; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -1.7pt; MARGIN: 0in 0in 0pt 56.7pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp;The Company and subsidiaries classify their financial assets as (i) financial assets at fair value through profit or loss, (ii) loans and receivables, (iii) held-to-maturity financial assets or (iv) available-for-sale financial assets. The&nbsp; </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -1.7pt; MARGIN: 0in 0in 0pt 56.7pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">&nbsp; classification depends on the purpose for which the financial assets were acquired. Management determines the classification of financial assets at initial recognition.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 58.5pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Purchases or sales of financial assets that require delivery of assets within a time frame established by regulation or convention in the marketplace (regular way trades) are recognized on the trade date, i.e., the date that the Company and subsidiaries commit to purchase or sell the assets.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;The Company&#8217;s financial assets include cash and cash equivalents, trade and other receivables, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">other current financial assets, long-term investments, advances</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and other non-current financial assets.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 55pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial assets at fair value through profit or loss </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -20pt; MARGIN: 0in 0in 0pt 75pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 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=black face="Times New Roman">Gains or losses arising from changes in fair value of the trading securities are presented as either other income or other expenses in the consolidated statements of comprehensive income.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -20pt; MARGIN: 0in 0in 0pt 75pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; No financial assets were classified as financial assets at fair value through profit </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">or&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> loss as of December 31, 2011 and</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">. &nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 75pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><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 assets, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">cash and cash equivalents, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">trade and other receivables, other current financial assets and other non-current financial assets. </FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -20pt; MARGIN: 0in 0in 0pt 75pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c. &nbsp;&nbsp;&nbsp;&nbsp; Held-to-maturity financial assets </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 75pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><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 which management has the positive intention and ability to hold to maturity, other than:&nbsp; </FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.9pt; MARGIN: 0in 0in 0pt 95.9pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">a)</FONT><FONT style="FONT-SIZE: 10pt">&nbsp;&nbsp;&nbsp;</FONT>&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>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

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<P></P>2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></DIV>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">t.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial instruments </FONT></B><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 55pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">d.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Available-for-sale financial assets </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 1.05in"><FONT style="LINE-HEIGHT: 97%; 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 periods 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. </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Available-for-sale financial assets consist of </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">bonds and mutual funds which </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">are recorded as </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">other current financial assets.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 75pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Available-for-sale securities are stated at fair value. Unrealized holding gains or losses on available-for-sale securities are excluded from income of the current period and are reported as a separate component in the equity section of the consolidated statements of financial position until realized. Realized gains or losses from the sale of available-for-sale securities are recognized in the consolidated statements of comprehensive </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">income</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, 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 significant or prolonged, is charged to the consolidated statements of comprehensive income. Significant decline in the fair value is evaluated against the original cost of the investment and prolonged decline in </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">the </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">fair value is evaluated against the period in which the fair value of the investment has been below its original cost.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -20.3pt; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">ii.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial liabilities&nbsp; </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The Company and 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>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">The Company </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">and subsidiaries&#8217; </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">financial liabilities include trade and other payables, accrued expenses</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">, loans</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman"> and other borrowings</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> which consist of short-term bank loans, obligations under finance leases, two-step loans, bonds and notes, and long-term bank loans. </FONT></P>

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<P style="TEXT-INDENT: -13.3pt; MARGIN: 0in 0in 0pt 70pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">a.</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Financial liabilities at fair value through profit or loss </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 70.9pt"><FONT style="LINE-HEIGHT: 97%; 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 incurred 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>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 70.9pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">No financial liabilities were categorized as held for trading as of December 31, 2011 and 2012. </FONT></P>

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<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">c.</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Financial liabilities measured at amortized cost </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 70.9pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Financial liabilities that are not classified as at fair value through profit or loss fall into this category and are measured at amortized cost. Financial liabilities measured at amortized cost are, among other liabilities, trade and other payables, accrued expenses, loans and other borrowings.</FONT></P>

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<P style="TEXT-ALIGN: center">F - 35 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">
<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P></FONT>

<P></P>2.&nbsp;&nbsp;&nbsp;&nbsp;SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></DIV>

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

<P style="MARGIN: 0in 0in 0pt 17.85pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">t.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial instruments </FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">(continued)&nbsp;</FONT></B></P>

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

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">iii.&nbsp;&nbsp;&nbsp; Offsetting financial instruments</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Financial assets and liabilities are offset and the net amount is reported in the consolidated statements of financial position when there is a legally enforceable right to offset the recognized amounts and there is an intention to settle them on a net basis, or realize the assets and settle the liabilities simultaneously.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=left><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">iv.</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Fair value of financial instruments</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.55pt; MARGIN: 0in 0in 0pt 0.75in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Fair value is the amount for which an asset could be exchanged, or liability settled, in an arm&#8217;s length transaction between willing and knowledgeable parties.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The fair value of financial instruments that are traded in active markets at each reporting date is determined by reference to quoted market prices, without any deduction for transaction costs.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><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 0.75in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">For financial instruments not traded in an active market, the fair value is determined using appropriate valuation techniques. Such techniques may include using recent arm&#8217;s length market transactions, reference to the current fair value of another instrument that is substantially the same and a discounted cash flow analysis or other valuation models.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><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 0.75in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">An analysis of fair values of financial instruments and further details as to how they are measured are provided in Note 39.</FONT></P>

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

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">v.&nbsp;&nbsp;&nbsp;&nbsp; Impairment of financial assets</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The Company and subsidiaries assess the impairment of financial assets if there is objective evidence that a loss event has a negative impact on the estimated future cash flows of the financial assets. Impairment is recognized when the loss event can be reliably estimated. Losses expected as a result of future events, no matter how likely, are not recognized. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Impairment loss of financial assets carried at cost is measured as the difference between the assets&#8217; carrying amount and the present value of estimated future cash flows discounted at the financial assets&#8217; original effective interest rate. Cash flows relating to short-term receivables are not discounted if the effect of discounting is immaterial.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">For loans and receivables carried at amortized cost, the Company and subsidiaries first assess whether objective evidence of impairment exists individually for financial assets that are individually significant, or collectively for financial assets that are not individually significant. If the Company and subsidiaries determine that no objective evidence of impairment exists for an individually assessed financial asset, whether significant or not, the asset is included in a group of financial assets with similar credit risk characteristics and the group is collectively assessed for impairment. Assets that are individually assessed for impairment and for which an impairment loss is, or continues to be, recognized are not included in a collective assessment of impairment.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">When a decline in the fair value of an available-for-sale financial asset has been recognized in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">OCI&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> and there is objective evidence that the asset is impaired, the cumulative loss that had been recognized in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">OCI&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> is recognized in profit or loss as an impairment loss. The amount of the cumulative loss is the difference between the acquisition cost (net of any principal repayment and amortization) and current fair value, less any impairment loss on that financial asset previously recognized.</FONT></P>

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<P style="TEXT-ALIGN: center">F - 36 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<P></P>2.&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></DIV>

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<P style="MARGIN: 0in 0in 10pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">t.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial instruments </FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">(continued)&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">vi.&nbsp;&nbsp;&nbsp; Derecognition of financial instrument</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.3pt; MARGIN: 0in 0in 0pt 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Reacquired Company shares of stock are accounted for at their reacquisition cost and classified as &#8220;Treasury Stock&#8221; and presented as a deduction to equity. The cost of treasury stock sold is accounted for using the weighted average method. The difference between the cost and the proceeds from the resale of treasury stock is credited to &#8220;Additional Paid-in Capital&#8221;.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25pt; MARGIN: 0in 0in 0pt 35.7pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">y.&nbsp;&nbsp;&nbsp;&nbsp; Provisions</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Provisions are recognized when the Company and subsidiaries have a present obligation (legal or constructive) as a result of a past event, and it is probable that an outflow of resources embodying economic benefits will be required to settle the obligation and a reliable estimate can be made of the obligation.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><U><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Segment information</FONT></U></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">In 2012, management decided to change the way it manages the Company's business portfolios from a product-based approach to a customer-centric approach, as part of the Company&#8217;s strategy to provide a one-stop solution to its customers. This resulted in a change in the Company&#8217;s organizational structure to accommodate decision-making and performance assessment based on a customer-centric approach. Consequently, the segment financial information presented to the Company's Chief Operational Decision Maker was amended to facilitate decision making on the new segments. The segment information disclosed in Note 35 for the year ended December 31, 2011 has been restated to conform with the presentation of segment information for the year ended December 31, 2012.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><U><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Estimated useful lives of property and equipment</FONT></U></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">In 2012, Telkomsel reassessed and changed the estimated useful lives of certain of its equipment to reflect the current expected usage and the physical wear and tear of the equipment. Refer to Note 11d for further details on the nature and effect of the change.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">aa.&nbsp; Critical accounting estimates, judgments and assumptions</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Estimates and judgments are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The Company and subsidiaries make estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 55.8pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The present value of the pension benefit obligations depends on a number of factors that are determined on an actuarial basis using a number of assumptions. The assumptions used in determining the net cost (income) for pensions include the discount rate. Any changes in the assumptions will impact the carrying amount of the pension benefit obligations.</FONT></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P></FONT>

<P></P>2.&nbsp;&nbsp;&nbsp;&nbsp;SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">aa.&nbsp; Critical accounting estimates, judgments and assumptions (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -56.7pt; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="LINE-HEIGHT: 97%; 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;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">i.</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Pension&nbsp;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> benefits (continued)</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The Company and subsidiaries determine the appropriate discount rate at the end of each reporting period. This is the interest rate that should be used to determine the present value of estimated future cash outflows expected to be required to settle the obligations. In determining the appropriate discount rate, the Company and subsidiaries consider the interest rates of government bonds that are denominated in the currency in which the benefits will be paid and that have terms to maturity approximating the terms of the related pension benefit obligations. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">If there is an improvement in the ratings of such government bonds or a decrease in interest rates as a result of improving economic conditions, there could be a material impact on the discount rate used in determining the pension benefit obligations.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Other key assumptions for pension benefit obligations are based in part on current market conditions. Additional information is disclosed in Notes 32 and 33.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">ii&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Estimating useful lives of property and equipment and intangible assets</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt 0.75in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The Company and subsidiaries estimate the useful lives of their property and equipment and intangible assets based on expected asset utilization, considering strategic business plans, expected future technological developments and market behavior. The estimates of useful lives of property and equipment are based on the Company and subsidiaries&#8217; collective assessment of industry practice, internal technical evaluation and experience with similar assets. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The Company and subsidiaries review estimates of useful lives at least each financial year end which are updated if expectations differ from previous estimates due to physical wear and tear, technical or commercial obsolescence and legal or other limitations on the use of the assets. The amounts and timing of recorded expenses for any year will be affected by changes in these factors and circumstances. A change in the estimated useful lives of the property and equipment is a change in accounting estimate and is applied prospectively in the consolidated statements of comprehensive income at the&nbsp;date of the change and future periods.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt 0.75in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Detail of nature and carrying amounts of property and equipment is disclosed in Note 11 and intangible assets in Note 13.</FONT></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">iii.&nbsp;&nbsp;&nbsp; Provision for impairment of receivables</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 55pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The Company and subsidiaries assess whether there is objective evidence that trade and other receivables have been impaired at the end of each reporting period. Provision for impairment of receivables is calculated based on a review of the current status of existing receivables and historical collection experience. Such provisions are adjusted periodically to reflect actual and anticipated experiences. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Detail of nature and carrying amounts of provision for impairment of receivables is disclosed in Note 6.</FONT></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

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<P></P>2.&nbsp;&nbsp;&nbsp;&nbsp; SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (continued)</FONT></B>

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<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">aa.&nbsp; Critical accounting estimates, judgments and assumptions </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.1pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">iv.&nbsp;&nbsp;&nbsp;&nbsp; Income taxes</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Significant judgment is required in determining the provision for income taxes. There are various transactions and calculations for which the ultimate tax determination is uncertain and subject to interpretation. The Company and subsidiaries recognize liabilities for anticipated tax audit issues based on estimates of whether additional taxes will be due. Where the final tax outcome of these matters is different from the amounts that were initially recorded, such differences will impact the current and deferred income tax assets and liabilities in the period in which such determination is made. Detail of nature and carrying amounts of income tax is disclosed in Note 31.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.1pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">v.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Impairment of non-financial assets </FONT></P>

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<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 subsidiaries annually assess whether goodwill is impaired. Other non-financial assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the asset exceeds its recoverable amount. The recoverable amount of an asset or a cash-generating unit (&#8220;CGU&#8221;) is determined based on the higher of its fair value less costs to sell and its value in use, calculated on the basis of management&#8217;s assumptions and estimates. </FONT></P>

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<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 determining value </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">i</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">n use, the Company and subsidiaries apply management judgment in establishing forecasts of future operating performance, as well as the selection of growth rates and discount rates. These judgments are applied based on the management&#8217;s understanding of historical information and expectations of future performance. Changing the key assumptions, including the discount rates or the growth rate assumptions in the cash flow projections, could materially affect the value in use calculations.</FONT></P>

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<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 the years ended December 31, 2011 and 2012, the Company recognized Rp563 billion and Rp247 billion, respectively, impairment loss on property and equipment, particularly pertaining to the fixed wireless services. A 1% increase in the discount rate used would result in an increase in impairment loss of approximately Rp907 billion and Rp458 billion, respectively. However, the recoverable amount of the fixed wireless CGU is most sensitive to whether management will be able to implement its plans, including the cost efficiency plan, such that it generates positive cash flows and returns to profitability as projected. If the performance of the fixed wireless CGU continues to decline or if management&#8217;s initiatives are not performing as expected in the next financial year, analysis will be required to assess whether there will be further impairment </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">(</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Note 11c</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="Times New Roman">)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">. &nbsp;</FONT></P>

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

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Cash on hand</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Cash in banks</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Related parties</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rupiah</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Bank Mandiri (Persero) Tbk (&#8220;Bank Mandiri&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>687</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>913</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Bank Negara Indonesia (Persero) Tbk (&#8220;BNI&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>302</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>284</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>101</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>87</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>18</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>22</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,108</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,306</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Foreign currencies</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Bank Mandiri</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>198</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>222</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>BNI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>48</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>20</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>248</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>244</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sub-total</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,356</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,550</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Third parties</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT lang=DE color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=DE color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT lang=DE color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=DE color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>Rupiah</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT lang=DE color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=DE color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT lang=DE color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=DE color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>Deutsche Bank AG (&#8220;DB&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>31</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=DE color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>62</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=DE color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>PT Bank CIMB Niaga Tbk (&#8221;Bank CIMB Niaga&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>12</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=DE color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>59</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=DE color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others (each below Rp50 billion)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>72</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>95</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>115</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>216</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Foreign currencies</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Standard Chartered Bank (&#8220;SCB&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>112</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others (each below Rp50 billion)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>62</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>65</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>69</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>177</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sub-total</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>184</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>393</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total cash in banks</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,540</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,943</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Time deposits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Related parties</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rupiah</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>BRI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,620</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,883</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>BNI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>2,418</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>1,511</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>PT Bank Tabungan Negara (Persero) Tbk (&#8220;BTN&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>446</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>401</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>Bank Mandiri</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>448</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>312</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 1in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk (&#8220;B</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>ank Jabar</FONT><FONT lang=SV color=windowtext>&#8221;)&nbsp;</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>145</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>170</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Bank Syariah Mandiri (&#8220;BSM&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>77</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>23</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>32</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>20</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,186</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,320</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Foreign currencies</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>BRI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>299</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,966</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Bank Mandiri</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>222</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>BNI</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>112</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>306</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,300</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sub-total</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,492</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7,620</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center">F - 41 </P>

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<a name="_bclHeader150"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

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<a name="_bclHeader150"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<a name="_bclHeader150"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></DIV>

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<a name="_bclHeader150"></a><P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">4.&nbsp;&nbsp;&nbsp;&nbsp; CASH AND CASH EQUIVALENTS (continued)</FONT></B></P>

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<TABLE style="WIDTH: 97.56%; 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="68%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></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 color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR>

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<TR>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>400</FONT></P></TD>

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<TR>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>180</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>11</FONT></P></TD>

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

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>95</FONT></P></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 color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>25</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>120</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

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

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>61</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>60</FONT></P></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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>DB</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 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>78</FONT></P></TD>

   <TD 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 color=windowtext></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 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>31</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others</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; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>18</FONT></P></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 color=windowtext></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; MARGIN: 0in 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>15</FONT></P></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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></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; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>879</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,227</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Foreign currencies</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 1.55pt 0pt 0in" align=right><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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 1.25pt 0pt 0in" align=right><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>SCB</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 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>42</FONT></P></TD>

   <TD 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 color=windowtext></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 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>804</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>OCBC NISP</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 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>641</FONT></P></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 color=windowtext></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 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>517</FONT></P></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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others</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; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>34</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></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; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>717</FONT></P></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 color=windowtext></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; MARGIN: 0in 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,321</FONT></P></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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sub-total</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; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,596</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,548</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total time deposits</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; MARGIN: 0in 1.55pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8,088</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>11,168</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Grand Total</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>9,634</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 color=windowtext></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 1.25pt 0pt 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>13,118</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 color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face=Arial,sans-serif></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">Interest rates per annum on time deposits are as follows:</FONT></P>

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

<DIV align=left>

<TABLE style="WIDTH: 97.56%; 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="68%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rupiah</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 2.45pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2.85% - 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: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</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 2.6pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2.25% - 8.50%</FONT></P></TD>

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

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<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Foreign currencies</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 2.45pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.05% - 3.00%</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&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: right; MARGIN: 0in 2.6pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.05% - 3.50%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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=Arial,sans-serif></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 related parties in which the Company and subsidiaries place their funds are state-owned banks. The Company and subsidiaries placed a majority of their cash and cash equivalents in these banks because they have the most extensive branch networks 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"><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">Refer to Note 34 for details of related party transactions.</FONT></P>

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<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 10pt 0.25in" align=center>F - 42 </P></DIV>

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<a name="_bclHeader151"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P></FONT>

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<a name="_bclHeader151"></a><DIV></DIV>5.</FONT></B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt"><B><FONT style="LINE-HEIGHT: 115%" lang=EN-US color=windowtext>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B></FONT><B><FONT style="LINE-HEIGHT: 115%; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=EN-US color=windowtext>OTHER CURRENT FINANCIAL ASSETS</FONT></B></DIV>

<a name="_bclHeader151"></a><DIV><STRONG><FONT size=2></FONT></STRONG>&nbsp;</DIV>

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<TABLE style="WIDTH: 97.56%; 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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Time deposits</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 0.85pt 0pt 0in" align=right><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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 0.5pt 0pt 0in" align=right><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Related party</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.85pt 0pt 0in" align=right><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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 0.5pt 0pt 0in" align=right><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>BRI</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; MARGIN: 0in 0.85pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.5pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,650</FONT></P></TD>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Third parties</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.85pt 0pt 0in" align=right><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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 0.5pt 0pt 0in" align=right><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>SCB</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 0.85pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></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 0.5pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,350</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>OCBC NISP</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; MARGIN: 0in 0.85pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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; MARGIN: 0in 0.5pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sub-total</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; MARGIN: 0in 0.85pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 lang=IN color=windowtext></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; MARGIN: 0in 0.5pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2,350</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total time deposits</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; MARGIN: 0in 0.85pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 lang=IN color=windowtext></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; MARGIN: 0in 0.5pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Available-for-sale financial assets</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 0.85pt 0pt 0in" align=right><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></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 0.5pt 0pt 0in" align=right><FONT lang=IN color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Related parties</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 0.85pt 0pt 0in" align=right><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></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 0.5pt 0pt 0in" align=right><FONT lang=IN color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Government</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 0.85pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>40&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 lang=IN color=windowtext></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 0.5pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>123</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>State-owned enterprises</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 0.85pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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 0.5pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Bahana Securities (&#8220;Bahana&#8221;)</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; MARGIN: 0in 0.85pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>64</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 lang=IN color=windowtext></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; MARGIN: 0in 0.5pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>4</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8&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 lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sub-total</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 0.85pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>314</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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 0.5pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>258</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Third parties</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; MARGIN: 0in 0.85pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0.5pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>52</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total a</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>vailable-for-sale financial assets</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 0.85pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>61&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 color=windowtext></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 0.5pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>10&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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others</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; MARGIN: 0in 0.85pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></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; MARGIN: 0in 0.5pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</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; MARGIN: 0in 0.85pt 0pt 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></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; MARGIN: 0in 0.5pt 0pt 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>4,338</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" 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=IN color=windowtext face="Times New Roman">Time deposits represent time deposits with maturities of more than three months but not more than one year, with interest rates </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">ranging </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">from 6.25% </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">to&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> 6.75% per annum.</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; TEXT-INDENT: 17.85pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Refer to Note 3</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">4&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> 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; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">6.&nbsp;&nbsp;&nbsp;&nbsp; TRADE AND OTHER RECEIVABLES</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 7pt" 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">Trade and other receivables as of December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> and 2012 consist of:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="times new roman"></FONT></SUP>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.56%; 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="59%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></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 color=windowtext></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="59%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Trade receivables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,790</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7,270</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="59%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Provision for impairment of receivables</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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,732</FONT></P></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,047</FONT></P></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="59%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,058</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,223</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="59%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Other receivables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>190</FONT></P></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 color=windowtext></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="59%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Provision for impairment of receivables</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(5</FONT></P></TD>

   <TD 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(4</FONT></P></TD>

   <TD 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="59%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net</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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>186</FONT></P></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 color=windowtext></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="59%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total trade and other receivables</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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,393</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 color=windowtext></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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,409</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 color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></SUP>&nbsp;</P>

<P style="TEXT-ALIGN: center">F - 43 </P>

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<a name="_bclHeader152"></a><DIV><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">

<P></P><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></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="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">
<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P></FONT>

<P></P>6.&nbsp;&nbsp;&nbsp;&nbsp; TRADE AND OTHER RECEIVABLES (continued)</FONT></B></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 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"><FONT style="FONT-SIZE: 5pt" 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 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; By debtor</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; 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">Related parties</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="times new roman"></FONT></SUP>&nbsp;</P>

<DIV align=right>

<TABLE style="WIDTH: 92.48%; HEIGHT: 187px; 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="68%">

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

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Government Agencies</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,232</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>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=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>31</FONT></P></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 lang=IT color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>56</FONT></P></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 lang=IT color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>PT Indosat Tbk (&#8220;Indosat&#8221;)</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-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>36</FONT></P></TD>

   <TD 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 lang=IT color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>55</FONT></P></TD>

   <TD 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 lang=IT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>PT Citra Sari Makmur (&#8220;CSM&#8221;)</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-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>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 lang=IT color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>51</FONT></P></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 lang=IT color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others (each below Rp30 billion)</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>52</FONT></P></TD>

   <TD 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 lang=IT color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>62</FONT></P></TD>

   <TD 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 lang=IT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,158</FONT></P></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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,456</FONT></P></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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Provision for impairment of receivables</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(83</FONT></P></TD>

   <TD 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(72</FONT></P></TD>

   <TD 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net</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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,075</FONT></B></P></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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,384</FONT></B></P></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 color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="times new roman"></FONT></SUP>&nbsp;</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; Third parties</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="times new roman"></FONT></SUP>&nbsp;</P>

<DIV align=right>

<TABLE style="WIDTH: 92.59%; HEIGHT: 106px; 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="68%">

   <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="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=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: 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; 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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Individual and business subscribers</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">5,255</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; 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">5,494</FONT></P></TD>

   <TD 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="68%">

   <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="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">377</FONT></P></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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">320</FONT></P></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="68%">

   <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=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">5,632</FONT></P></TD>

   <TD 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">5,814</FONT></P></TD>

   <TD 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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Provision for impairment of receivables</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">(1,649</FONT></P></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>

   <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">(1,975</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; 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="68%">

   <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="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">3,983</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">3,839</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></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"></FONT>&nbsp;</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">Trade receivables from certain parties are presented net of the Company and subsidiaries&#8217; liabilities to such parties due to the existence of a legal right of set-off in accordance with agreements with those parties.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 2pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.&nbsp;&nbsp;&nbsp;&nbsp; By age</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(i)&nbsp;&nbsp;&nbsp; Related parties</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

<DIV align=right>

<TABLE style="WIDTH: 94.61%; HEIGHT: 123px; 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="68%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT 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" 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" align=left><B><FONT 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" 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; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT 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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" 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=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">869</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext face="times new 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" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">1,125</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" 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=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">137</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=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" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">248</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">More than 12 months</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" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">152</FONT></P></TD>

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

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT 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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" 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=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">1,158</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=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" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">1,456</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Provision for impairment of receivables</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" 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=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="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">(72</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Net</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" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">1,075</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 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 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" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">1,384</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 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 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 0in 53.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 44 </P>

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<a name="_bclHeader153"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

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<a name="_bclHeader153"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<a name="_bclHeader153"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<a name="_bclHeader153"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></DIV>

<a name="_bclHeader153"></a><DIV><FONT></FONT>&nbsp;</DIV>

<a name="_bclHeader153"></a><P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">6</FONT></B><B><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif>.&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">TRADE AND OTHER RECEIVABLES (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;By age</FONT><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><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 0.5in"><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ii)&nbsp;&nbsp; Third parties</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

<DIV align=right>

<TABLE style="WIDTH: 94.56%; HEIGHT: 106px; 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="68%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Up to 3 months</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,153</FONT></P></TD>

   <TD 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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,286</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>More than 3 months</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,479</FONT></P></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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,528</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,632</FONT></P></TD>

   <TD 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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,814</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Provision for impairment of receivables</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,649</FONT></P></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,975</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; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,983</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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,839</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 color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 5pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(iii)&nbsp; Aging of total trade receivables</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT style="LINE-HEIGHT: 70%; FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

<DIV align=right>

<TABLE style="WIDTH: 94.35%; HEIGHT: 160px; 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="36%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT color=windowtext></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="31%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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><FONT color=windowtext></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="31%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Gross</FONT></B></P></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 color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Provision for impairment of receivables</FONT></B></P></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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Gross</FONT></B></P></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 color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Provision for impairment of receivables</FONT></B></P></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 color=windowtext></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="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Not past due</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,024</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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>32</FONT></P></TD>

   <TD 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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,174</FONT></P></TD>

   <TD 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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>140</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Past due up to 3 months</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>887</FONT></P></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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>139</FONT></P></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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,250</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>157</FONT></P></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 color=windowtext></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="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Past due more than 3 to 6 months</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>259</FONT></P></TD>

   <TD 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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Past due more than 6 months</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,898</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,302</FONT></P></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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,391</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,557</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,790</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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,732</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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7,270</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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,047</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 color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -37.1pt; MARGIN: 0in 0in 0pt 37.1pt"><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -37.1pt; MARGIN: 0in 0in 0pt 37.1pt"><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">The Company and subsidiaries have made provision for impairment of receivables based on the collective account of historical impairment rates and individual account of their customers&#8217; credit history. The Company and subsidiaries do not apply a distinction between related party and third party receivables in assessing amounts past due. As </FONT><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">of </FONT><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">December 31, 2011 and 2012, the carrying amount of trade receivables of the Company and subsidiaries considered past due but not impaired amounted to Rp2,066 billion and Rp</FONT><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">2</FONT><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">,189 billion, respectively. Management has concluded that receivables past due but not impaired, along with trade receivables that are neither past due nor impaired, are due from customers with good credit history and are expected to be recoverable.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -37.1pt; MARGIN: 0in 0in 0pt 37.1pt"><B><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 1pt" lang=IN color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;By currency</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(i)&nbsp;&nbsp;&nbsp; Related parties</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P>

<TABLE style="WIDTH: 94.56%; HEIGHT: 106px; 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="68%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></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 color=windowtext></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="68%">

   <P></P>

   <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=bottom width="15%"><FONT style="COLOR: #000000"></FONT><FONT size=2>

   <P></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"><FONT style="COLOR: #000000"><FONT style="FONT-SIZE: 10pt">1,115</FONT></FONT></FONT></P></FONT></TD>

   <TD 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>&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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,369</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">U.S. dollar</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>87</FONT></P></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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,158</FONT></P></TD>

   <TD 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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,456</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Provision for impairment of receivables</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(83</FONT></P></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(72</FONT></P></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net</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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,075</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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,384</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 color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: center">&nbsp;</P>

<P style="TEXT-ALIGN: center">F - 45 </P>

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



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

<A name="page_152"></A>

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

<a name="_bclHeader154"></a><DIV><B><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif>

<P></P><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B><B><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">6.&nbsp;&nbsp;&nbsp;&nbsp;TRADE AND OTHER RECEIVABLES (continued)</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 1pt" 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;</FONT></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"></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; By currency (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(ii)&nbsp;&nbsp;&nbsp; Third parties</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="times new roman"></FONT></SUP>&nbsp;</P>

<DIV align=right>

<TABLE style="WIDTH: 94.27%; HEIGHT: 140px; 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="68%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rupiah</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,829</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,087</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>U.S. dollar</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>802</FONT></P></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 color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>722</FONT></P></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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Euro</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Hong Kong dollar</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2</FONT></P></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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,632</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,814</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Provision for impairment of receivables</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,649</FONT></P></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,975</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; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,983</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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,839</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 color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</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">d.&nbsp;&nbsp;&nbsp;&nbsp; Movements in the provision for impairment of receivables</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="times new roman"></FONT></SUP>&nbsp;</P>

<DIV align=right>&nbsp;</DIV>

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<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Beginning balance</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-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,445</FONT></P></TD>

   <TD 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-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,732</FONT></P></TD>

   <TD 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-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%"><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in"></P></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in" align=left><FONT style="FONT-FAMILY: times new roman"><FONT style="FONT-SIZE: 10pt"><FONT color=windowtext>Provision recognized during the year</FONT></FONT></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-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>856</FONT></P></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-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in" align=left><FONT color=windowtext></FONT>&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: right; MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>848</FONT></P></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-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in" align=left><FONT color=windowtext></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="68%"><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in"></P></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in" align=left><FONT color=windowtext><FONT style="FONT-FAMILY: times new roman"><FONT style="FONT-SIZE: 10pt"><FONT color=windowtext>Provision recognized during the year</FONT></FONT></FONT></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-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(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: left; MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(533</FONT></P></TD>

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

   <P style="TEXT-ALIGN: left; MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="68%"><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in"></P></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman"><FONT style="FONT-SIZE: 10pt"><FONT color=windowtext>Ending balance</FONT></FONT></FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,732</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,047</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN-TOP: 0in; MARGIN-BOTTOM: 0in; WORD-SPACING: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE>

<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 receivables written off are third-party trade receivables.</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"></FONT>&nbsp;</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 provision for impairment of receivables is adequate to cover losses on uncollectible trade receivables.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</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 subsidiaries amounting to Rp1,344</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> billion</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> have been pledged as collateral under lending agreements (Notes </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">7 and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">8).&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"></FONT>&nbsp;</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 34 for details of related party transactions. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT size=2 face=Arial></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><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"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

<DIV align=right>

<TABLE style="WIDTH: 98.08%; HEIGHT: 208px; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Modules</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>297</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>316</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Components</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>173</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>183</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>SIM cards, RUIM cards, set top box and blank prepaid vouchers</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>238</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>134</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others (each below Rp50 billion)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>156</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>94</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>864</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>727</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Provision for obsolescence</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.25pt 0pt 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Modules</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(91</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(96</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Components</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(15</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(51</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>SIM cards, RUIM cards, set top box and blank prepaid vouchers</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">Total</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(106</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.25pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(148</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>758</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.25pt 0pt 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>579</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center">F - 46 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">
<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P></FONT>

<P></P>7.&nbsp;&nbsp;&nbsp;&nbsp; INVENTORIES (continued)</FONT></B></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-AU 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">Movements in the provision for obsolescence are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.56%; 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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><SUP><FONT style="FONT-SIZE: 8pt" 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; 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>

   <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">2012</FONT></B></P></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="68%">

   <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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.55pt 0pt 0in" 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=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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.25pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">106</FONT></P></TD>

   <TD 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="68%">

   <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">Provision recognized during the year</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 1.55pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">27</FONT></P></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.25pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">67</FONT></P></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="68%">

   <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">Inventories written off</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 1.55pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">(4</FONT></P></TD>

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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">)</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 1.25pt 0pt 0in" 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; 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="68%">

   <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="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 1.55pt 0pt 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">106</FONT></B></P></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 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 1.25pt 0pt 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">148</FONT></B></P></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></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-AU color=windowtext face=arial,sans-serif></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">Management believes that the provision is adequate to cover losses from declines in inventory value due to obsolescence.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 8pt" lang=EN-AU 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 inventories recognized as expense and included in operations, maintenance, and telecommunication services expenses (Note 28) for the years ended December 31, 2010, 2011 and 2012&nbsp; amounted to Rp1,022 billion, Rp818 billion and Rp633 billion, respectively.</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"></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">Certain inventories of the subsidiaries amounting to Rp49 billion have been pledged as collateral under lending agreements (Notes 17 and 18).</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"></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, 2011 and 2012, modules and components held by the Company and subsidiaries have been insured against fire, theft, and other specific risks with total sum insured amounting to Rp235 billion and Rp275 billion, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" 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">Management believes that the insurance coverage is adequate to cover potential losses from the above risks.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><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"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="times new roman"></FONT></SUP>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.56%; 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="68%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Frequency license (Notes 37c.i and 37c.iii)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,211</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,563</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Prepaid rental</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Salaries</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Advances</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>184</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others (each below Rp50 billion)</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>207</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,294</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,721</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 4pt" 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 34 for details of related party transactions.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><STRONG></STRONG>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><STRONG></STRONG>&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">9.&nbsp;&nbsp;&nbsp;&nbsp; ASSET HELD FOR SALE</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"></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">This account represents the carrying amount of Telkomsel&#8217;s equipment to be exchanged with equipment of Nokia Siemens Network Oy (&#8220;NSN Oy&#8221;) and PT Huawei Tech Investment (&#8220;PT Huawei&#8221;). The equipment will be used as part of the settlement for the exchanges of equipment from these companies.</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"></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">In 2012, Telkomsel&#8217;s equipment units with net carrying amount of Rp791 billion were exchanged with the equipment of NSN Oy and PT Huawei (Note 11d.vi). The cost of the acquired equipment is measured at the aggregate of the carrying amount of the equipment given up and the amount of cash paid.</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: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Asset held for sale is presented under personal segment (Note 35)</FONT><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">. &nbsp;</FONT></P>

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<P style="TEXT-ALIGN: center">F - 47 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P></FONT>

<P></P>10.&nbsp; LONG-TERM INVESTMENTS </FONT></B></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>

<DIV align=left>

<TABLE style="WIDTH: 97.56%; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="65%" 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">2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="LINE-HEIGHT: 95%" color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">Percentage of ownership</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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 balance</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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) profit of associated companies</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">Dividend</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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 adjustment</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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 balance</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><B><FONT style="LINE-HEIGHT: 95%; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IT color=windowtext face="times new roman">Scicom<SUP>a</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IT color=windowtext face="times new roman">29.71</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%" lang=IT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IT color=windowtext face="times new roman">109</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%" lang=IT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IT color=windowtext face="times new roman">(1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IT color=windowtext face="times new roman">(7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IT color=windowtext face="times new roman">(0</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IT color=windowtext face="times new roman">101</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=IT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">PT Melon Indonesia (&#8220;</FONT><FONT style="FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: 95%" lang=IT color=windowtext face="times new roman">Melon</FONT><FONT style="LINE-HEIGHT: 95%" lang=IN color=windowtext face="times new roman">&#8221;)</FONT></FONT><SUP><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IT color=windowtext face="times new roman">d</FONT></SUP></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IT color=windowtext face="times new roman">51.00</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%" lang=IT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IT color=windowtext face="times new roman">51</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%" lang=IT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IT color=windowtext face="times new roman">(7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%; 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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; 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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=IN color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; 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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=IN color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IT color=windowtext face="times new roman">44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=IN color=windowtext face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IT color=windowtext face="times new roman">Patrakom<SUP>c</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IT color=windowtext face="times new roman">40.00</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%" lang=IT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IT color=windowtext face="times new roman">40</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%" lang=IT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IT color=windowtext face="times new roman">4</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=IT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IT color=windowtext face="times new roman">(1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=IT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" lang=IT color=windowtext face="times new roman">43</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=IT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" color=windowtext face="times new roman">CSM<SUP>e</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" color=windowtext face="times new roman">33</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-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: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-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: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-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: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" color=windowtext face="times new roman">26</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" color=windowtext face="times new roman">PSN<SUP>f</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" color=windowtext face="times new roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" color=windowtext face="times new roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" color=windowtext face="times new roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" color=windowtext face="times new roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" color=windowtext face="times new roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="LINE-HEIGHT: 95%; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" color=windowtext face="times new roman">233</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" color=windowtext face="times new roman">(10</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-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: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-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: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-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: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" color=windowtext face="times new roman">214</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" color=windowtext face="times new roman">Other long-term investments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" color=windowtext face="times new roman">21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="LINE-HEIGHT: 95%" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" color=windowtext face="times new roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=middle width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" color=windowtext face="times new roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" color=windowtext face="times new roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-SIZE: 10pt" color=windowtext face="times new roman">21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" bgColor=#000000 vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><B><FONT style="LINE-HEIGHT: 95%; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="times new roman">Total long-term investments</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" bgColor=#000000 vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=#ffffff face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" bgColor=#000000 vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="LINE-HEIGHT: 95%" color=#ffffff 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" bgColor=#000000 vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="LINE-HEIGHT: 95%; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="times new roman">254</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" bgColor=#000000 vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="LINE-HEIGHT: 95%" color=#ffffff 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" bgColor=#000000 vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="LINE-HEIGHT: 95%; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="times new roman">(10</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" bgColor=#000000 vAlign=middle width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="LINE-HEIGHT: 95%; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" bgColor=#000000 vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="LINE-HEIGHT: 95%; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="times new roman">(8</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" bgColor=#000000 vAlign=middle width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="LINE-HEIGHT: 95%; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" bgColor=#000000 vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="LINE-HEIGHT: 95%; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="times new roman">(1</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" bgColor=#000000 vAlign=middle width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="LINE-HEIGHT: 95%; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" bgColor=#000000 vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="LINE-HEIGHT: 95%; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="times new roman">235</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" bgColor=#000000 vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=#ffffff face="times new roman"></FONT></B>&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"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.56%; 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="36%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><B><FONT color=windowtext></FONT></B></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="63%" colSpan=7>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><SUP><B><FONT color=windowtext></FONT></B></SUP>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT color=windowtext></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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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"><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Revenue</FONT></B></P></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 color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Profit (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><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></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"><B><FONT color=windowtext></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" align=right><B><FONT color=windowtext></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"><B><FONT color=windowtext></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" align=right><B><FONT color=windowtext></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"><B><FONT color=windowtext></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" align=right><B><FONT color=windowtext></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" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="times new roman">Scicom<SUP>a</SUP></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" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></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" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></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" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></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" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>40</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="times new roman">Melon<SUP>d</SUP></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" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>96</FONT></P></TD>

   <TD 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 color=windowtext></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" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>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: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></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" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></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" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1</FONT><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>4</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="times new roman">Patrakom<SUP>c</SUP></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" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></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" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>88</FONT></P></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 color=windowtext></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" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>188</FONT></P></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 color=windowtext></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" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="times new roman">CSM<SUP>e</SUP></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: -0.25in; MARGIN: 0in" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,261</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: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></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" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,023</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: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></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" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></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" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(</FONT><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>24</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="times new roman">PSN<SUP>f</SUP></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" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>596</FONT></P></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 color=windowtext></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" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,517</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: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></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" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>282</FONT></P></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 color=windowtext></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" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</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="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in" align=right><B><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,342</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 color=windowtext></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" align=right><B><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,65</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>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: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></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" align=right><B><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,3</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>26</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 color=windowtext></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" align=right><B><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>14</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 color=windowtext></FONT></B>&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"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.56%; 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: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></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="76%" colSpan=13>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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: 0in; MARGIN: 0in"><FONT color=windowtext></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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Percentage of 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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Beginning 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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Share of net (loss) profit of associated 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" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Dividend</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Translation 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><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Ending 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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></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" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Long-term investments in associated companies</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>:&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><B><FONT color=windowtext></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" align=left><B><FONT color=windowtext></FONT></B>&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" align=right><B><FONT color=windowtext></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" align=left><B><FONT color=windowtext></FONT></B>&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" align=right><B><FONT color=windowtext></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" align=left><B><FONT color=windowtext></FONT></B>&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" align=right><B><FONT color=windowtext></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" align=left><B><FONT color=windowtext></FONT></B>&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" align=right><B><FONT color=windowtext></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" align=left><B><FONT color=windowtext></FONT></B>&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" align=right><B><FONT color=windowtext></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" align=left><B><FONT color=windowtext></FONT></B>&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" align=right><B><FONT color=windowtext></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" align=left><B><FONT color=windowtext></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 0.5in" align=left><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="times new roman">Scicom<SUP>a</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>29.71</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>101</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(8</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>98</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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 0.5in" align=left><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="times new roman">ILCS<SUP>b</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>49.00</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" align=left><FONT color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>49</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>48</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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 0.5in" align=left><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="times new roman">Patrakom<SUP>c</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>40.00</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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><FONT color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>46</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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 0.5in" align=left><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="times new roman">Melon<SUP>d</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>51.00</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" align=left><FONT color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>42</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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 0.5in" align=left><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="times new roman">CSM<SUP>e</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>25.00</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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>26</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(11</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></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 0.5in" align=left><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="times new roman">PSN<SUP>f</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>22.38</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sub-total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=left><FONT color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>214</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>49</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(11</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(10</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>12</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>254</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Other long-term investments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=left><FONT color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total long-term investments</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 color=windowtext></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" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 2px double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 2px double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>49</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 2px double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(11</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: #000000 2px double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(10</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: #000000 2px double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>12</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 2px double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>275</FONT></B></P></TD>

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<P style="TEXT-ALIGN: center">F - 48 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P></FONT>

<P></P>10.&nbsp; LONG-TERM INVESTMENTS (continued)</FONT></B></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>

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<TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></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><B><FONT color=windowtext></FONT></B></SUP>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Assets</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Liabilities</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Revenue</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Profit (loss)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD></TR>

<TR>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 95%" color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Scicom<SUP>a</SUP></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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: 95%" color=windowtext></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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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="LINE-HEIGHT: 95%" color=windowtext></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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>399</FONT></P></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="LINE-HEIGHT: 95%" color=windowtext></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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>40</FONT></P></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 color=windowtext></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="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">ILCS<SUP>b</SUP></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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: 95%" color=windowtext></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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7</FONT></P></TD>

   <TD 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="LINE-HEIGHT: 95%" color=windowtext></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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT></P></TD>

   <TD 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="LINE-HEIGHT: 95%" color=windowtext></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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(3</FONT></P></TD>

   <TD 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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Patrakom<SUP>c</SUP></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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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="LINE-HEIGHT: 95%" color=windowtext></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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>102</FONT></P></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="LINE-HEIGHT: 95%" lang=IN color=windowtext></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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>226</FONT></P></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="LINE-HEIGHT: 95%" lang=IN color=windowtext></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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>12</FONT></P></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 color=windowtext></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="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Melon<SUP>d</SUP></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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>8</FONT><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>9&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="LINE-HEIGHT: 95%" color=windowtext></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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7</FONT></P></TD>

   <TD 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="LINE-HEIGHT: 95%" color=windowtext></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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10</FONT></P></TD>

   <TD 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="LINE-HEIGHT: 95%" color=windowtext></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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(4</FONT></P></TD>

   <TD 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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">CSM<SUP>e</SUP></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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,168</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; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: 95%" color=windowtext></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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>905</FONT></P></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="LINE-HEIGHT: 95%" color=windowtext></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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>403</FONT></P></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="LINE-HEIGHT: 95%" color=windowtext></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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(</FONT><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>44&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="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">PSN<SUP>f</SUP></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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="LINE-HEIGHT: 95%" color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,512</FONT></P></TD>

   <TD 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="LINE-HEIGHT: 95%" color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>292</FONT></P></TD>

   <TD 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="LINE-HEIGHT: 95%" lang=IN color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>1</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,39</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2&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; MARGIN: 0in 0in 0pt" align=left><B><FONT style="LINE-HEIGHT: 95%" color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,550</FONT></B></P></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="LINE-HEIGHT: 95%" color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT style="LINE-HEIGHT: 95%" lang=IN color=windowtext>,</FONT></B></FONT></FONT><B><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>331&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; MARGIN: 0in 0in 0pt" align=left><B><FONT style="LINE-HEIGHT: 95%" color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="LINE-HEIGHT: 95%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2</FONT></B></P></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 color=windowtext></FONT></B>&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"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.56%; 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="100%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 8pt" 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="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt"><SUP><FONT style="FONT-SIZE: 8pt" color=windowtext face=arial,sans-serif>a</FONT></SUP><FONT style="FONT-SIZE: 8pt" color=windowtext face=arial,sans-serif> </FONT><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">Scicom is engaged in providing call center services in Malaysia. As of December 31, 2012, the fair value of the investment is Rp111 billion. The fair value is calculated by multiplying the number of shares by the published price quotation as of December 28, 2012 (MYR0.400). </FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt"><SUP><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">b</FONT></SUP><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman"> ILCS will engage in providing E-trade logistics services and other related services. </FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt"><SUP><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">c</FONT></SUP><FONT style="FONT-SIZE: 8pt" 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></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt"><SUP><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">d</FONT></SUP><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman"> Melon is engaged in providing Digital Content Exchange Hub services (&#8220;DCEH&#8221;). As a result of the existence of substantive participating rights held by the other venturer over the significant financial and operating policies of Melon, Metra does not have control over Melon.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt"><SUP><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">e</FONT></SUP><FONT style="FONT-SIZE: 8pt" 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></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="100%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 9pt"><SUP><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">f</FONT></SUP><FONT style="FONT-SIZE: 8pt" 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 of PSN has exceeded the carrying amount of its investment since 2001, accordingly, the investment value has been reduced to nil.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 3pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 17.85pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=IN color=windowtext>1</FONT></B><FONT style="FONT-FAMILY: Times New Roman"></FONT><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=EN-US color=windowtext>1.&nbsp; PROPERTY AND EQUIPMENT</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face=Arial,sans-serif></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="45%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></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: center; MARGIN: 0in 1.1pt 0pt 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Dece</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT color=windowtext>mber 3</FONT></B><B><FONT lang=IN color=windowtext>1</FONT></B><B><FONT color=windowtext>, 201</FONT></B></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>1&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></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="45%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>At cost:</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; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0.65pt 0pt 0in" align=right><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 1.1pt 0pt 0in" align=right><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Land rights</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>817</FONT></P></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 color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>40</FONT></P></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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(14</FONT></P></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1</FONT></P></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>842</FONT></P></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 color=windowtext></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="45%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Buildings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,203</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>149</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(66</FONT></P></TD>

   <TD 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>131</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,417</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Leasehold improvements</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>12</FONT></P></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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(5</FONT></P></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>42</FONT></P></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 color=windowtext></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; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>650</FONT></P></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 color=windowtext></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="45%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Switching equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>30,209</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>113</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(5,565</FONT></P></TD>

   <TD 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>25,551</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telegraph, telex and data communication equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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><FONT color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></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 color=windowtext></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; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></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 color=windowtext></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; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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><FONT color=windowtext></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="45%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Transmission installation and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>74,217</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,186</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(829</FONT></P></TD>

   <TD 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,123</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>78,697</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Satellite, earth station and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,922</FONT></P></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 color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>72</FONT></P></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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></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 color=windowtext></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; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>75</FONT></P></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 color=windowtext></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; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7,069</FONT></P></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 color=windowtext></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="45%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Cable network</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>24,939</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,491</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(698</FONT></P></TD>

   <TD 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,040</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>26,772</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Power supply</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8,215</FONT></P></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 color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>466</FONT></P></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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(151</FONT></P></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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><FONT color=windowtext></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; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>9,285</FONT></P></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 color=windowtext></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="45%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Data processing equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8,194</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>366</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>346</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8,426</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Other telecommunications peripherals</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>498</FONT></P></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 color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6</FONT></P></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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(3</FONT></P></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(27</FONT></P></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="45%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Office equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>670</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>95</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(59</FONT></P></TD>

   <TD 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>47</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>753</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Vehicles</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>166</FONT></P></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 color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3</FONT></P></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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(8</FONT></P></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(29</FONT></P></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>132</FONT></P></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 color=windowtext></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="45%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Customer premise equipment </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>22</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>22</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Other equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5</FONT></P></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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1</FONT></P></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></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 color=windowtext></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; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>112</FONT></P></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 color=windowtext></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="45%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Property under construction:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT color=windowtext></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 color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT color=windowtext></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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT color=windowtext></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 color=windowtext></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; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT color=windowtext></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 color=windowtext></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; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT color=windowtext></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 color=windowtext></FONT>&nbsp;</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 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Buildings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>58</FONT></P></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 color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>149</FONT></P></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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></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 color=windowtext></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; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(67</FONT></P></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>140</FONT></P></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 color=windowtext></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="45%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Leasehold improvements</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>91</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>82</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(170</FONT></P></TD>

   <TD 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</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 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Switching equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></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 color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,852</FONT></P></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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></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 color=windowtext></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; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,782</FONT></P></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>70</FONT></P></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 color=windowtext></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="45%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Transmission installation and</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><B><FONT lang=IN color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT color=windowtext></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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT color=windowtext></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 color=windowtext></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; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT color=windowtext></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 color=windowtext></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; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT color=windowtext></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 color=windowtext></FONT>&nbsp;</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 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,051</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></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 color=windowtext></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; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(5,513</FONT></P></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>827</FONT></P></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 color=windowtext></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="45%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>27</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>164</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(170</FONT></P></TD>

   <TD 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>21</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</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 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Cable network</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6</FONT></P></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 color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></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 color=windowtext></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; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2</FONT></P></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>42</FONT></P></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 color=windowtext></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="45%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Power supply</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>40</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>704</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(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; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>30</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</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 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Data processing equipment</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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>68</FONT></P></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 color=windowtext></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; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></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 color=windowtext></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; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(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; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>72</FONT></P></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 color=windowtext></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="45%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</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; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>159,380</FONT></P></TD>

   <TD 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 color=windowtext></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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>14,554</FONT></P></TD>

   <TD 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 color=windowtext></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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(7,879</FONT></P></TD>

   <TD 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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; MARGIN: 0in 0.65pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,628</FONT></P></TD>

   <TD 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>163,427</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center">F - 49 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></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="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=IN color=windowtext>1</FONT></B><FONT style="FONT-FAMILY: Times New Roman"></FONT><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=EN-US color=windowtext>1.&nbsp; PROPERTY AND EQUIPMENT (continued)</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.56%; 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="34%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT color=windowtext></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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><FONT color=windowtext></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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><FONT color=windowtext></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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Impairments</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><FONT color=windowtext></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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><FONT lang=IN color=windowtext></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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Dece</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT color=windowtext>mber 3</FONT></B><B><FONT lang=IN color=windowtext>1</FONT></B><B><FONT color=windowtext>, 201</FONT></B></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>1&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 lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Accumulated depreciation and impairment losses:</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.4pt 0pt 0in" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.4pt 0pt 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.9pt 0pt 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.4pt 0pt 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.25pt 0pt 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Land rights</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.4pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>105</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>18</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.35pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>121</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Buildings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.4pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,576</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>104</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(66</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>55</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.35pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,671</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Leasehold improvements</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.4pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>443</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>64</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(5</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.35pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>502</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Switching equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.4pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>20,942</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,701</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(5,325</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(871</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.35pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>17,447</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telegraph, telex and data communication equipment</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.4pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>17</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.35pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>17</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Transmission installation and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.4pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>30,422</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,706</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>320</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(511</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,560</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.35pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>35,377</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Satellite, earth station and equipment</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.4pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,621</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>486</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>176</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(148</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.35pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,135</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Cable network</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.4pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>15,685</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,110</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>39</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(698</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>992</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.35pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>17,128</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Power supply</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.4pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,834</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,230</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>12</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(144</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(59</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.35pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,873</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Data processing equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.4pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,990</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,134</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>13</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(479</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(252</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.35pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,406</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Other telecommunications peripherals</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.4pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>370</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>13</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(3</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(27</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.35pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>354</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Office equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.4pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>512</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>68</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(59</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.35pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>531</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Vehicles</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.4pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>139</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>18</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(7</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(30</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.35pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>120</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Customer premise equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.4pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.35pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>9</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Other equipment</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.4pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>93</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.35pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>98</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.4pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>83,756</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>13,660</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>563</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(7,299</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,891</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.35pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>88,789</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net Book Value</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.4pt 0pt 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>75,624</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.4pt 0pt 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.4pt 0pt 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.35pt 0pt 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>74,638</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT style="FONT-SIZE: 5pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in">&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.56%; 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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></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="12%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 31, 2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%" align=center>

   <P style="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: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%" align=center>

   <P style="MARGIN: 0in 0in 0pt" 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%" align=center>

   <P style="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: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%" align=center>

   <P style="MARGIN: 0in 0in 0pt" 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%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></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="12%" align=center>

   <P style="MARGIN: 0in 0in 0pt" 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%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 5pt" 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="12%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Dece</FONT></B><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">mber 3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1</FONT></B><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">, 2012&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="1%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN 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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" 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; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></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; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></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; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></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; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></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; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></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; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</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; MARGIN: 0in 0in 0pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8</FONT><FONT style="FONT-SIZE: 10pt" lang=IN 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=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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">135</FONT></P></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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" 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=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(0</FONT></P></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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">977</FONT></P></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"></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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">417</FONT></P></TD>

   <TD 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9</FONT><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; 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(0</FONT></P></TD>

   <TD 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">787</FONT></P></TD>

   <TD 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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">50</FONT></P></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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=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">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">130</FONT></P></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: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">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; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN 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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">25,551</FONT></P></TD>

   <TD 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=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">91</FONT></P></TD>

   <TD 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=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(1,438</FONT></P></TD>

   <TD 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=windowtext 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(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; MARGIN: 0in 0in 0pt" 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; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">23,833</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; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN 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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" 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=bottom width="12%">

   <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; 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="12%">

   <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=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <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=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 5pt" color=windowtext 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="12%">

   <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</FONT></P></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">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=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"></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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" 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=bottom 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</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">8,697</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; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3,328</FONT></P></TD>

   <TD 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=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <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,</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">8</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4&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=windowtext 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">7,</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">629</FONT></P></TD>

   <TD 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: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">88,1</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">70&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=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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">7,069</FONT></P></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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">35</FONT></P></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: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <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=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 5pt" color=windowtext 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">163</FONT></P></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: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom 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,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">267&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"></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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">26,772</FONT></P></TD>

   <TD 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=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1,965</FONT></P></TD>

   <TD 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=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(244</FONT></P></TD>

   <TD 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=windowtext 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(469</FONT></P></TD>

   <TD 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=windowtext 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">8,024&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"></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">9,285</FONT></P></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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">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; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(29</FONT></P></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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">984</FONT></P></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: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">10,434</FONT></P></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"></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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">8,426</FONT></P></TD>

   <TD 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=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">329</FONT></P></TD>

   <TD 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><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">210</FONT></P></TD>

   <TD 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(10</FONT></P></TD>

   <TD 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=windowtext 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">8,535</FONT></P></TD>

   <TD 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=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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">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; 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="12%">

   <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=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <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=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 5pt" color=windowtext 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><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">192</FONT></P></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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">282</FONT></P></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"></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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">75</FONT><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=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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><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">47</FONT></P></TD>

   <TD 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(71</FONT></P></TD>

   <TD 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">69</FONT><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=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"></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">132</FONT></P></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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><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">52</FONT></P></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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><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">15</FONT></P></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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">71</FONT></P></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"></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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Customer premise equipment </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <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=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="12%">

   <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: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <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: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 5pt" 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="12%">

   <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: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <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=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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">11</FONT><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=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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <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</FONT></P></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: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <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=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 5pt" color=windowtext 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="12%">

   <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: 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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">111</FONT></P></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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></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: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></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: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></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: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></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: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></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: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt 0.25in" 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=bottom width="12%">

   <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</FONT><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=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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">381</FONT></P></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: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <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=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 5pt" color=windowtext 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><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">31</FONT><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=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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">20</FONT><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=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"></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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN 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=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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2&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: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <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: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 5pt" 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><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">34</FONT></P></TD>

   <TD 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><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=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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">70</FONT></P></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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">883</FONT></P></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: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <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=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 5pt" color=windowtext 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><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">95</FONT><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=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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <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=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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">82</FONT><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; 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=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">7,951</FONT></P></TD>

   <TD 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=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <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</FONT></P></TD>

   <TD 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=windowtext 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><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">8,13</FONT><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=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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">6</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">39</FONT></P></TD>

   <TD 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=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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2</FONT><FONT style="FONT-SIZE: 10pt" lang=IN 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=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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">25</FONT></P></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: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></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; 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=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><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">14</FONT><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=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; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <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=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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff 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=bottom width="12%">

   <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</FONT></P></TD>

   <TD 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=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">241</FONT></P></TD>

   <TD 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=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <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</FONT></P></TD>

   <TD 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=windowtext 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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">47</FONT></P></TD>

   <TD 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: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">88</FONT></P></TD>

   <TD 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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">Power supply</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">30</FONT></P></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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">909</FONT></P></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="12%">

   <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=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><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">827</FONT></P></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>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">112</FONT></P></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"></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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Data processing equipment</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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">72</FONT></P></TD>

   <TD 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="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">502</FONT></P></TD>

   <TD 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="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="12%">

   <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: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext>(50</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext>8</FONT></P></TD>

   <TD 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>)</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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext>66</FONT></P></TD>

   <TD 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=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext>Total</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext>163,42</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext>7</FONT></P></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></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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext>1</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext>7,272</FONT></P></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></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="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext>(</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext>3,</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext>550</FONT></P></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">)</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext>(2,8</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext>27</FONT></P></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>)</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext>17</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext>4,322</FONT></P></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></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 50 </P>

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<P></P><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P>1</FONT></B><FONT style="FONT-FAMILY: Times New Roman"></FONT><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=EN-US color=windowtext>1.&nbsp; PROPERTY AND EQUIPMENT (continued)</FONT></B></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></B>&nbsp;</P>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=left>

<TABLE style="WIDTH: 97.56%; 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="34%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><B><FONT color=windowtext></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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>December 31, 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" align=left><B><FONT color=windowtext></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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Impairments</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Reclassifications</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Dece</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT color=windowtext>mber 3</FONT></B><B><FONT lang=IN color=windowtext>1</FONT></B><B><FONT color=windowtext>, 201</FONT></B></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2&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 lang=IN color=windowtext></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="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Accumulated depreciation and impairment losses:</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&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" align=right><B><FONT color=windowtext></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" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Land rights</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 lang=IN color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>1</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 lang=IN color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>139</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Buildings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>671</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 lang=IN color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>130</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 lang=IN color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(0</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(62</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>739&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" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Leasehold improvements</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>502</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>63</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(3</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>47</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><FONT color=windowtext></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="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Switching equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>17,447</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,071</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,112</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,260</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>17,146</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telegraph, telex and data communication equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>16</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Transmission installation and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>35,377</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7,410</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>153</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(909</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(27</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>42,004</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Satellite, earth station and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,135</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>517</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><FONT color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(62</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,684</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" align=left><FONT color=windowtext></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="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Cable network</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>17,128</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" align=left><FONT color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,085</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(238</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>17,490</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Power supply</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,873</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,221</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(18</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(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" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,982</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" align=left><FONT color=windowtext></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="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Data processing equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,406</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,052</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(165</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(677</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,616</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Other telecommunications peripherals</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>354</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(99</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>260</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Office equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><FONT color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>65</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(14</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(27</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>555</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Vehicles</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>120</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(52</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(14</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>61</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Customer premise equipment</FONT></P></FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>9</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>11</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Other equipment</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>98</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>102</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>88,789</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>13,6</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>5</FONT><FONT color=windowtext>1</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>247</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2,511</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>2,762</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext size=2>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>97,41</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net Book Value</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>74,638</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>76,908</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 10pt 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">a.</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Gain on disposal or sale of </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">property and equipment</FONT></P>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=right>

<TABLE style="WIDTH: 96.34%; HEIGHT: 89px; 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="52%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT 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; 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 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; 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 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; 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; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT 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="52%">

   <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">Proceeds from sale of property and equipment</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">11</FONT></P></TD>

   <TD 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 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; MARGIN: 0in 0in 0pt" 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; MARGIN: 0in 0in 0pt" align=left><B><FONT 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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">360</FONT></P></TD>

   <TD 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 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="52%">

   <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">Net book value</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" 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=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; 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">(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" 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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">(<FONT style="FONT-SIZE: 10pt" face="Times New Roman">144</FONT></FONT></P></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="52%">

   <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">Exchange of property and equipment - net</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; 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: left; MARGIN: 0in 0in 0pt" align=left><FONT 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; MARGIN: 0in 0in 0pt" align=right><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=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT 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; 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: left; MARGIN: 0in 0in 0pt" align=left><FONT 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="52%">

   <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">Gain on disposal or sale of property and equipment</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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">4</FONT></B></P></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 color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"></P>1</FONT></B><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1.&nbsp; PROPERTY AND EQUIPMENT (continued)</FONT></B> </DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; c.&nbsp;&nbsp;&nbsp;&nbsp; Assets impairment </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.1pt; MARGIN: 0in 0in 0pt 58.1pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; As of December 31, 2011 and 2012, the CGUs that independently generated cash inflows were fixed wireline, fixed wireless, cellular and others. As of December 31, 2011 and 2012, there were indications of impairment in the fixed wireless CGU (presented as part of personal segment), which were mainly due to increased competition in the fixed wireless market that has resulted in lower average tariffs, declining active customers and declining Average Revenue Per User (&#8220;ARPU&#8221;). The Company assessed the recoverable value of the assets in the CGU and determined that assets for the fixed wireless CGU were impaired amounting to Rp563 billion and Rp247 billion at December 31, 2011 and 2012, respectively, which were recognized in the consolidated statements of comprehensive income under &#8220;Depreciation and amortization&#8221;. The recoverable amount has been determined based on value-in-use (&#8220;VIU&#8221;) calculations. These calculations used pre-tax cash flow projections approved by management covering a five-year period and with cash flows beyond the five-year period extrapolated using a perpetuity growth rate. The cash flow projections reflect management&#8217;s expectations of revenue, Earnings before Interest, Tax, Depreciation and Amortization (&#8220;EBITDA&#8221;) growth and operating cash flows on the basis that the fixed wireless CGU generates positive net cash flows from 2013. Management&#8217;s cash flow projection also incorporates its reasonable expectations for developments in macro economic conditions and market expectations for the Indonesian telecommunications industry. As of December 31, 2011 and 2012, management applied a pre-tax discount rate of 11.4% and 12.3%, respectively, derived from the Company&#8217;s post-tax weighted average cost of capital and benchmarked to externally available data. As of December 31, 2011 and 2012, the perpetuity growth rate used of 0% and 0.5%, respectively, assumes that subscriber numbers may continue to increase after five years, while average revenue per user may decline such that the long-term growth will not be significant. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -20.9pt; MARGIN: 0in 0in 10pt 56.7pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">(i)</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Interest capitalized to property under construction amounted to Rp44 billion for the year ended December 31, 2012, while no interest was capitalized for 2010 and 2011. The capitalization rates used to determine the amount of borrowing&nbsp;&nbsp; costs eligible for capitalization ranged from 7.72%-9.75% for the year ended December 31, 2012.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 0pt 58.5pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(iii)</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On August 7, 2012, Telkom-3 Satellite with a total value of Rp1,606 billion was built and launched, but failed to reach its orbit. The carrying value of the satellite was charged to other expenses in the 2012 consolidated statement of comprehensive income. Telkom-3 Satellite was insured with coverage that was adequate to cover losses from the insured risks such as the event experienced by the Company. Insurance claim was made and the amount of insurance compensation amounting to Rp1,772 billion was agreed and approved by the insurer and recorded as part of other income in the 2012 consolidated statement of comprehensive income. In November 2012, the Company received the proceeds from the insurance claim.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"></P>1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1. PROPERTY AND EQUIPMENT (continued)</FONT></B>

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<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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; d.&nbsp;&nbsp; Others (continued)</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.4pt; MARGIN: 0in 0in 0pt 58.4pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">(iv)</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">In 2012, Telkomsel decided to replace certain equipment units with net carrying amount of Rp1,037 billion, as part of a modernization program. Accordingly, Telkomsel changed the estimated useful lives of such equipment units resulting in additional depreciation expense of Rp534 billion that was charged to the 2012 consolidated statement of comprehensive income. </FONT></P>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">84</FONT></P></TD></TR></TABLE></DIV>

<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"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 58.5pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In 2011, Telkomsel replaced certain equipment with net carrying amount of Rp189 billion. Accordingly, Telkomsel changed the estimated useful lives of such equipment units resulting in additional depreciation expense of Rp154 billion charged to the 2011 consolidated statement of comprehensive income. Telkomsel also derecognized part of the equipment with total cost of Rp584 billion. Upon derecognition, the equipment had been fully depreciated.</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"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -20.7pt; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">(v)</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">In 2012, the estimated useful life of Telkomsel&#8217;s towers was changed from 10 years to 20 years to reflect the current expected usage and the physical wear and tear of the towers. The impact is a reduction of depreciation expense by Rp635 billion recognized in the 2012 consolidated statement of comprehensive income.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The impact of the change in the estimated useful life of the towers in future periods is to increase the profit before income tax as follows:</FONT></P>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><B><U><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Amount</FONT></U></B></P></TD></TR>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">606</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">565</FONT></P></TD></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">2015</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">469</FONT></P></TD></TR>

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   <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>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">301</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">92</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.2pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -20.7pt; MARGIN: 0in 0.2pt 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In May 2011, the estimated useful life of Telkomsel&#8217;s equipment was changed from 10 years to 6 years to reflect its current economic life. The impact is an additional depreciation expense of Rp295 billion charged to the 2011 consolidated statement of comprehensive income.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0.2pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -20.7pt; MARGIN: 0in 0.2pt 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In 2010, the estimated useful lives of the 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 of depreciation expense by Rp126 billion recognized in the 2010 consolidated statement of comprehensive income.</FONT></P>

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<P style="TEXT-ALIGN: center">F - 53 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"></P></FONT><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=EN-US color=windowtext>11. </FONT></B><FONT style="FONT-FAMILY: Times New Roman"></FONT><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=EN-US color=windowtext>PROPERTY AND EQUIPMENT (continued)</FONT></B> </DIV>

<a name="_bclHeader162"></a><DIV>&nbsp;</DIV>

<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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; d. Others (continued)</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"></FONT>&nbsp;</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">(vi)&nbsp; Exchange of property and equipment </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"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.3pt; MARGIN: 0in 0in 0pt 70pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=symbol>&#183;</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">In 2011, the Company and PT Industri Telekomunikasi Indonesia (&#8220;INTI&#8221;) signed Purchase Orders of Procurement and Installation Agreement for the Modernization of the Copper Cable Network through Optimization of Asset Copper Cable Network with Trade In/Trade Off (TITO) mode for STO Cengkareng, STO Gandaria and STO Injoko amounting to Rp96 billion, for STO Semanggi amounting to Rp44 billion, and for STO Kelapa Gading, STO Rawamangun, STO Slipi and STO Manyar amounting to Rp177 billion.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.3pt; MARGIN: 0in 0in 10pt 70pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-GB color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Up to December 31, 2012, the Company has derecognized the copper cable network asset with net book value of Rp6 billion and recorded the fiber optic network asset from the exchange transaction of Rp430 billion.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.3pt; MARGIN: 0in 0in 0pt 70pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=symbol>&#183;</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">In 2012, certain Telkomsel equipment units with net carrying amount of Rp1,686 billion were exchanged with equipment from <FONT style="FONT-SIZE: 10pt" face="Times New Roman">NSN </FONT>Oy and PT Huawei. Rp791 billion of the net carrying amount of the equipment exchanged relates to Telkomsel&#8217;s asset held for sale (Note 9).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 70pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">The cost of the acquired equipment is measured at the aggregate of the carrying amount of the equipment given up and the amount of cash paid.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -16.75pt; MARGIN: 0in 0in 0pt 70pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In 2011, certain Telkomsel equipment units with cost and net carrying amount of Rp1,730 billion and Rp547 billion, respectively, were exchanged with equipment from <FONT style="FONT-SIZE: 10pt" face="Times New Roman">NSN </FONT>Oy and PT Huawei with a total price of US$63 million.</FONT></P>

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<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; The Company and subsidiaries own several pieces of land rights located throughout Indonesia with Building Use Rights (&#8220;Hak Guna Bangunan&#8221; or &#8220;HGB&#8221;) for a period of 20 - 45 years which will expire between 2012 and 2052. Management believes that there will be no issue in obtaining the extension of the land rights when they expire.</FONT></P>

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<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; As of December 31, 2012, the Company and subsidiaries&#8217; property and equipment except land rights were insured against fire, theft, earthquake and other specified risks. Total net carrying amount of assets insured amounted to Rp72,192 billion, which was covered by sum insured basis with a maximum loss claim of Rp9,523 billion, US$52 million, EURO1 million, SGD14 million and HKD2 million and on first loss basis of Rp6,118 billion including business recovery of Rp324 billion with Automatic Reinstatement of Loss Clause. In addition, Telkom-1 and Telkom-2 satellites were insured separately for US$9 million and US$33 million, respectively. Management believes that the insurance coverage is adequate to cover potential losses from the insured risks.</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"></FONT>&nbsp;</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">(ix)&nbsp;&nbsp;&nbsp; As of December 31, 2012, the percentage of completion of property under construction was around 36.15% of the total contract value, with estimated dates of completion of between January 2013 and March 2014. 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: 9pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</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; All assets owned by the Company and certain subsidiaries have been pledged as collateral for bonds and Medium Term Notes (Note 18b). Certain property and equipment of the Company&#8217;s subsidiaries with gross carrying value amounting to Rp2,841 billion as of December 31, 2012 have been pledged as collateral for lending agreements (Notes 17a and 18c).</FONT></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1.&nbsp;&nbsp;PROPERTY AND EQUIPMENT (continued)</FONT></B></P></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"></FONT></B>&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; d.&nbsp;&nbsp;&nbsp;&nbsp; Others (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"></FONT>&nbsp;</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 December 31, 2012, the cost of fully depreciated property and equipment of the Company and subsidiaries that are still used in operations amounted to Rp39,073 billion. The Company and subsidiaries are currently performing modernization of network assets to replace the fully depreciated property and equipment.</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; 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 December 31, 2012, the fair values of land rights and buildings of the Company and subsidiaries, which are determined based on the sale value of the tax object (&#8220;Nilai Jual Objek Pajak&#8221; or &#8220;NJOP&#8221;) of the related land rights and buildings, amounted to Rp10,261 billion.</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; 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)&nbsp; The Company and Telkomsel entered into several agreements with PT Solusindo Kreasi Pratama, PT Prima Media Selaras, PT Naragita Dinamika Komunika, PT Profesional Telekomunikasi Indonesia, PT Tower Bersama Infrastructure Tbk and other tower providers to lease slot spaces in telecommunication towers for periods of 10 years each. The Company and Telkomsel may extend the lease periods based on mutual agreement with the parties. In addition, the Company and subsidiaries also have lease commitments for property and equipment under RSA arrangement and other leases for 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 finance leases as of December 31, 2012 are as follows:</FONT></P>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="79%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><U><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Years</FONT></U></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></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=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="79%">

   <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" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">652</FONT></P></TD>

   <TD 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=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="79%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" 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" color=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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">548</FONT></P></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=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="79%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" 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" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">398</FONT></P></TD>

   <TD 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=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="79%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2016</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">354</FONT></P></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=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="79%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">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: 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">334</FONT></P></TD>

   <TD 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=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="79%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Thereafter</FONT></P></TD>

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   <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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">886</FONT></P></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=arial,sans-serif></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="79%">

   <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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,172</FONT></P></TD>

   <TD 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=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="79%">

   <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"></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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(848</FONT></P></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="79%">

   <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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,324</FONT></P></TD>

   <TD 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=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="79%">

   <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 17b)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top 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="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(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; 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="79%">

   <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 (Note 18)</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 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=bottom width="20%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,814</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=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 55 </P>

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<a name="_bclHeader164"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<a name="_bclHeader164"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<a name="_bclHeader164"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<a name="_bclHeader164"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B> </DIV>

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<a name="_bclHeader164"></a><DIV><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"><STRONG>12</STRONG></FONT></FONT>.<FONT></FONT><B></B><FONT style="FONT-FAMILY: Times New Roman"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext>&nbsp;&nbsp;&nbsp; </FONT></B></FONT><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=EN-US color=windowtext>ADVANCES AND OTHER NON-CURRENT ASSETS</FONT></B></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=EN-US color=windowtext>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Advances and other non-current assets as of December 31, 201</FONT><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext>1&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext> and 2012 consist of:</FONT></FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

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<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 color=windowtext face=arial,sans-serif></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 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; MARGIN: 0in 0in 0pt" 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=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT 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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">2012</FONT></B></P></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 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="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Prepaid rental - net of current portion (Note 8)</FONT></P></TD>

   <TD 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 color=windowtext face="Times New 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: 9pt" color=windowtext face="Times New Roman">1,143</FONT></P></TD>

   <TD 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 color=windowtext face="Times New 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: 9pt" color=windowtext face="Times New Roman">1,367</FONT></P></TD>

   <TD 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 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="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Advances for purchase of property and equipment</FONT></P></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 color=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: 9pt" color=windowtext face="Times New Roman">2,017</FONT></P></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 color=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: 9pt" color=windowtext face="Times New Roman">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; MARGIN: 0in 0in 0pt" align=left><FONT 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="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 9pt" 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=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="Times New 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: 9pt" color=windowtext face="Times New Roman">435</FONT></P></TD>

   <TD 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 color=windowtext face="Times New 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: 9pt" color=windowtext face="Times New Roman">471</FONT></P></TD>

   <TD 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 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="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Long-term trade receivables - net of current portion (Note 6)</FONT></P></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 color=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: 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=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=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: 9pt" color=windowtext face="Times New Roman">294</FONT></P></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 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="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Frequency license - net of current portion (Note 8)</FONT></P></TD>

   <TD 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 color=windowtext face="Times New 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: 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=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="Times New 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: 9pt" color=windowtext face="Times New Roman">279</FONT></P></TD>

   <TD 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 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="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 9pt" 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=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=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: 9pt" color=windowtext face="Times New Roman">164</FONT></P></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 color=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: 9pt" color=windowtext face="Times New Roman">217</FONT></P></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 color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 9pt" 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=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="Times New 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: 9pt" color=windowtext face="Times New Roman">54</FONT></P></TD>

   <TD 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 color=windowtext face="Times New 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: 9pt" color=windowtext face="Times New Roman">103</FONT></P></TD>

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<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: 9pt" color=windowtext face="Times New Roman">Equipment not used in operations - net</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=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: 9pt" 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=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=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: 9pt" lang=IN color=windowtext face="Times New Roman">0</FONT></P></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 lang=IN 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="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" 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=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT 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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT 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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 9pt" 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=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT 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="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Total</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.5pt double; 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: 9pt" color=windowtext face="Times New Roman">3,817</FONT></B></P></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 color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2.5pt double; 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: 9pt" color=windowtext face="Times New Roman">3,510</FONT></B></P></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 color=windowtext face="Times New Roman"></FONT></B>&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=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Prepaid rental pertains to leased line and telecommunication equipment and land and building under lease agreements with rental periods ranging from 1 to 25 years.</FONT></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: justify; MARGIN: 0in 0in 0pt 21.3pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of December 31, 2011 and 2012, deferred charges represent deferred RSA charges and deferred Indefeasible Right of Use (&#8220;IRU&#8221;) Agreement charges. As of December 31, 2011, deferred charges include land rights. Total deferred charges amortization expense for the years ended December 31, 2010, 2011 and 2012 amounted to Rp19 billion, Rp84 billion and Rp87 billion, respectively. </FONT></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: justify; MARGIN: 0in 0in 0pt 21.3pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Long-term trade receivables represent receivables which are </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">measured at amortized cost using the effective interest </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">method, payable in installments over a 4 year-period, related to providing telecommunication access and services in rural areas (USO) (Note 26).</FONT></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: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 21.3pt"><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, 2011 and 2012, restricted cash represents time deposits with original maturities of more than one year and cash pledged as collateral for bank guarantees for the USO contract (Note&nbsp;26) and other contracts.</FONT></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: justify; TEXT-INDENT: -6.5pt; MARGIN: 0in 0in 0pt 21.3pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp; Refer to Note 34 for details of related party transactions.</FONT></P>

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<P style="TEXT-ALIGN: center">F - 56 </P>

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<a name="_bclHeader165"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<a name="_bclHeader165"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B> </DIV>

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<a name="_bclHeader165"></a><DIV><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"><STRONG>13.&nbsp; INTANGIBLE ASSETS</STRONG></FONT></FONT></DIV>

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<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)&nbsp;&nbsp;&nbsp; The changes in the carrying amount of goodwill, license and other intangible assets for the years ended December 31, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2011&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> and&nbsp; 2012</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">are as follows:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

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<TABLE style="WIDTH: 95.14%; 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="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT color=windowtext></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 1.55pt 0pt 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Goodwill</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>License</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Other intangible assets</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Gross carrying amount:</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></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 0.8pt 0pt 0in" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Balance, January 1, 2011</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 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>192</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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 0.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><FONT color=windowtext></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 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>9,877</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" align=left><FONT color=windowtext></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 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10,881</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Additions - acquired separately:</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 0pt" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></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 0.1pt 0pt 0in" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></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 0in 0pt" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></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 0.8pt 0pt 0in" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Company&#8217;s software</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 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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 0.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>293</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>293</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The subsidiaries&#8217; software</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 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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 0.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>309</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>309</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The subsidiaries&#8217; license</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 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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 0.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>USO agreement</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 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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 0.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Reclassifications</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 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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 0.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(105</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(103</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Deductions</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 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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 0.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(7,603</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(7,603</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Balance, December 31, 2011</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 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>192</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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 0.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>815</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,772</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,779</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Accumulated amortization:</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 0pt" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></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 0.1pt 0pt 0in" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></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 0in 0pt" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></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 0.8pt 0pt 0in" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Balance, January 1, 2011</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 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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 0.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(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" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(8,824</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" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(9,095</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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 0.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(87</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(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" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(516</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Reclassifications</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 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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 0.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>22</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></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="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Deductions</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 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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 0.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7,603</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7,603</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Balance, December 31, 2011</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 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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 0.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(339</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,628</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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 0.8pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,988</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net Book Value</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="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><FONT color=windowtext></FONT>&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 0.1pt 0pt 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>476</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><FONT color=windowtext></FONT>&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 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,144</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><FONT color=windowtext></FONT>&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 0.8pt 0pt 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,791</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><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Weighted-average amortization period</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 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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 0.1pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>9.39 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" align=left><FONT color=windowtext></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 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6.46 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" align=left><FONT color=windowtext></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 0.8pt 0pt 0in" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 95.14%; 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="36%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><B><FONT color=windowtext></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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><B><FONT color=windowtext></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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Other intangible 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" align=left><B><FONT color=windowtext></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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><B><FONT color=windowtext></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="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Gross carrying amount:</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" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></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" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></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" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></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" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Balance, January 1, 2012</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>192</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>81</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,772</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,779</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Additions - acquired separately:</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" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></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" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></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" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></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" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Company&#8217;s software</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>10</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>10</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The subsidiaries&#8217; software</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>334</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>334</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Acquisition</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext> of BDM&#8217;s Data Center (Note 1d)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>77</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 lang=IN color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 lang=IN color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>3</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 lang=IN color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=IN color=windowtext></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="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Reclassifications</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(749</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>15</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(59</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Deductions</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(58</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(58</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Balance, December 31, 2012</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=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>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" align=left><FONT color=windowtext></FONT>&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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>66</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>3,309</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>3,644</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Accumulated amortization:</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" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></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" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></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" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></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" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 9.35pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 9.35pt; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Balance, January 1, 2012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 9.35pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 9.35pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 9.35pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>339</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 9.35pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 9.35pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,628</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 9.35pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 9.35pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,988</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 9.35pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amortization expense during the year</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>466</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Reclassifications</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>314</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(1</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>19&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" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>195</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Deductions</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>5</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8&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" align=left><FONT color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>5</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Balance, December 31, 2012</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(21)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(31</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(2,149)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,201)</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" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net book value</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" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>248</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></FONT>&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" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>35</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></FONT>&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" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,160</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></FONT>&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" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,443</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Weighted-average amortization period</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10.43 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" align=left><FONT color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7.21 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" align=left><FONT color=windowtext></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" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV></DIV>

<P style="TEXT-ALIGN: center">F - 57 </P>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_164"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>

<a name="_bclHeader166"></a><P></P><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">

<a name="_bclHeader166"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B> </DIV>

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<a name="_bclHeader166"></a><DIV><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"><STRONG>13.&nbsp;&nbsp;&nbsp;INTANGIBLE ASSETS (continued)</STRONG></FONT></FONT></DIV>

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<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 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">of </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">data center business </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">BDM </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">by Sigma </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">in 2012 (Note 1d), </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">acquisition</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> of Ad Medika in 2010</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, Indonusa in 2008 and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Sigma in 2008</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">. Other intangible assets included land rights in 2012 and the acquisitions of Dayamitra, Pramindo, TII, KSO IV and KSO VII, and represented the rights to operate the business in the KSO areas. In accordance with the expiration of the KSO agreement (Note 11b), the gross carrying amount and the accumulated amortization of the intangible assets relating to the KSO have been derecognized.</FONT></P>

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<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">(iii)&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The estimated annual amortization expense of other intangible assets from January 1, 2013 is approximately Rp441 billion. The remaining amortization periods of intangible assets, excluding land rights, range from 1 to 19 years.</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"><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"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (iv)&nbsp; The aggregate amounts of goodwill allocated to each CGU are as follows:</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sigma</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>88</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>88</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Ad <FONT style="FONT-SIZE: 10pt" face="Times New Roman">M</FONT>edika</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>82</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>82</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>170</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>170</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="times new roman"></FONT></B>&nbsp;</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; Metra performed its annual impairment tests of those CGUs based on fair value less cost to sell using discounted cash flow projections. The impairment tests used management-approved cash flow projections covering a five-year period, and the following key assumptions:</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 13pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="LINE-HEIGHT: 13pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>1&nbsp;</FONT></B></P></TD>

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   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="LINE-HEIGHT: 13pt" color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 13pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 13pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Sigma</FONT></B></P></TD>

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   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 13pt" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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="LINE-HEIGHT: 13pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Ad Medika</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 13pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Sigma</FONT></B></P></TD>

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   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: 13pt" color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 13pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Ad Medika</FONT></B></P></TD>

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<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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 13pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Discount rate</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="LINE-HEIGHT: 13pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>12.5%</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="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 13pt" color=windowtext></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="LINE-HEIGHT: 13pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>12.1%</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="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: 13pt" color=windowtext></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="LINE-HEIGHT: 13pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>11.8%</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="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: 13pt" color=windowtext></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="LINE-HEIGHT: 13pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>11.5%</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: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 13pt" color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 13pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Perpetuity growth rate</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="LINE-HEIGHT: 13pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 13pt" color=windowtext></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="LINE-HEIGHT: 13pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: 13pt" color=windowtext></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="LINE-HEIGHT: 13pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4.5%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: 13pt" color=windowtext></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="LINE-HEIGHT: 13pt; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4.5%</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: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 13pt" color=windowtext></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 1pt" 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 0.5in"><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, 2011 and 2012, no impairment charge was required for goodwill on acquisition of subsidiaries, with any reasonably possible changes to the key assumptions applied not likely to cause the carrying amount of the CGUs to exceed their recoverable amounts.</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"><STRONG><FONT size=2></FONT></STRONG>&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">14.&nbsp; TRADE AND OTHER PAYABLES</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 0.25in"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman">Trade</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> and other payables as of December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> and 2012 consist of:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.56%; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Trade payables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8,317</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7,280</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 17pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Other payables</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>38</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>177</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total trade and other payables</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8,355</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7,457</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P>

<DIV></DIV>

<P style="TEXT-ALIGN: center">F - 58 </P>

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<a name="_bclHeader167"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

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<a name="_bclHeader167"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B> </DIV>

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<a name="_bclHeader167"></a><DIV><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"><STRONG>14.&nbsp; TRADE AND OTHER PAYABLES (continued)</STRONG></FONT></FONT></DIV>

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<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 payables to related parties and third parties as of December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> and 2012 consist of:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.56%; 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="68%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Related parties</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 color=windowtext></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 color=windowtext></FONT>&nbsp;</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 color=windowtext></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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Radio frequency usage charges, concession fees and USO charges</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>409</FONT></P></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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>369</FONT></P></TD>

   <TD 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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Payables to other telecommunications providers</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>60</FONT></P></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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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><FONT color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sub-total</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>838</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,041</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Third parties</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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7,429</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,035</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Payables to other telecommunications providers</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>50</FONT></P></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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>204</FONT></P></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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sub-total</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7,479</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,239</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8,317</FONT></B></P></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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7,280</FONT></B></P></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 color=windowtext></FONT></B>&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=arial,sans-serif></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">Trade payables by currency are as follows: </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.56%; 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="68%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rupiah</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,422</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,146</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>U.S. dollar</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,883</FONT></P></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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,111</FONT></P></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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>12</FONT></P></TD>

   <TD 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>23</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8,317</FONT></B></P></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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7,280</FONT></B></P></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 color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 1pt" lang=EN-US color=windowtext face=arial,sans-serif></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">Refer to Note 34 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"><FONT size=2></FONT>&nbsp;</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">15. &nbsp;ACCRUED EXPENSES</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.56%; 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="68%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,917</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,917</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Salaries and benefits</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,491</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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>805</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Early retirement program (Note 27)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Interest and bank charges</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,790</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,163</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT></B>&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=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 18.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Accruals under the early retirement program dated November 1, 2012 arose from the Decision No. PR.206.01/r.02/PD000/COP-B0010000/2012 of the Human Capital and General Affairs Director on early retirement program which was communicated to the employees on the same date. The Company estimated the accruals on the basis of the number of eligible employees that met the criteria stipulated in the Company&#8217;s regulation related to this program. Accrued early retirement benefits as of December 31, 2012 amounting to Rp699 billion were charged to the 2012 consolidated statement of comprehensive income</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> (Note 27).</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 8pt" 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 34 for details of related party transaction.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P>

<DIV></DIV>

<P style="TEXT-ALIGN: center">F - 59 </P>

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<a name="_bclHeader168"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<a name="_bclHeader168"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<a name="_bclHeader168"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<a name="_bclHeader168"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<a name="_bclHeader168"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

<a name="_bclHeader168"></a><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="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center>&nbsp;</P></DIV>

<a name="_bclHeader168"></a><P></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B> </DIV>

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<a name="_bclHeader168"></a><P></P>

<a name="_bclHeader168"></a><P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"></P>

<a name="_bclHeader168"></a><DIV><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"><STRONG>16.&nbsp; UNEARNED INCOME</STRONG></FONT></FONT></DIV>

<a name="_bclHeader168"></a><DIV>&nbsp;</DIV>

<a name="_bclHeader168"></a><DIV><B><FONT></FONT></B></DIV>

<DIV align=right>

<TABLE style="WIDTH: 98.38%; HEIGHT: 107px; 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="68%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,526</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,352</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Other telecommunications services</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>153</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,821</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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,729</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT></B>&nbsp;</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"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><STRONG><FONT size=2></FONT></STRONG>&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">17.&nbsp; SHORT-TERM LOANS AND OTHER BORROWINGS</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt"><B><FONT style="FONT-SIZE: 11pt" 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">Short-term loans and other borrowings consist of short-term bank loans and current maturities of long-term liabilities, as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

<DIV align=right>

<TABLE style="WIDTH: 98.23%; HEIGHT: 72px; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <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; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" 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; HEIGHT: 12.25pt; 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">100</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">37</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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 style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Current maturities of long-term liabilities</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">4,813</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">5,621</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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 style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="68%">

   <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="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">4,913</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">5,658</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 10pt 0.5in"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">a.</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=windowtext face="times new roman">Short-term bank loans</FONT></P>

<DIV align=right>

<TABLE style="WIDTH: 96.49%; HEIGHT: 160px; 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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><B><FONT color=windowtext></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" align=left><B><FONT color=windowtext></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"><B><FONT color=windowtext></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" align=left><B><FONT color=windowtext></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="30%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><B><FONT color=windowtext></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="29%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></FONT></B>&nbsp;</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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><B><FONT color=windowtext></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" align=left><B><FONT color=windowtext></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"><B><FONT color=windowtext></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" align=left><B><FONT color=windowtext></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="30%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><SUP><FONT color=windowtext></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="29%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><SUP><FONT color=windowtext></FONT></SUP>&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=bottom width="22%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></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 6.4pt 0pt 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Original currency </FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 6.4pt 0pt 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></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="14%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 4.75pt 0pt 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Original currency </FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 4.75pt 0pt 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="14%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></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="22%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>45</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></FONT>&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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></FONT>&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: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>13</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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="22%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT color=windowtext></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" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>US$</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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=top width="14%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.42</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></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=top width="14%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.7pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</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" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><B><FONT color=windowtext></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"><B><FONT color=windowtext></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" align=left><B><FONT color=windowtext></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"><B><FONT color=windowtext></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" align=left><B><FONT color=windowtext></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=top width="14%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="14%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></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" align=left><B><FONT color=windowtext></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=top width="14%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 0.7pt 0pt 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>37</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 19.9pt; MARGIN: 0in 0in 0pt 16.1pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Refer to Note 34 for details of related party transactions.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="times new roman"></FONT></B>&nbsp;</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 significant information relating to short-term bank loans as of December 31, 2012 is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=right>

<TABLE style="WIDTH: 96.34%; HEIGHT: 179px; 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="12%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><B><FONT color=windowtext></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="12%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></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="12%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></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="12%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 9.95pt 0pt 3.4pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total facility </FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0.95pt 0pt 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(in billions)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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="12%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></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="12%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Interest 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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></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="11%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Interest rate 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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></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="11%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></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="12%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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="12%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT color=windowtext></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" align=left><FONT color=windowtext></FONT>&nbsp;</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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></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" align=left><FONT color=windowtext></FONT>&nbsp;</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; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></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" align=left><FONT color=windowtext></FONT>&nbsp;</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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></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" align=left><FONT color=windowtext></FONT>&nbsp;</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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></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" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</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; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=IN color=windowtext></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" align=left><FONT color=windowtext></FONT>&nbsp;</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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></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" align=left><FONT color=windowtext></FONT>&nbsp;</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 0in 0.5in" align=left><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face=Arial,sans-serif>April 25, 2005<SUP> a</SUP></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; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Balebat</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></FONT>&nbsp;</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; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>12</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></FONT>&nbsp;</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; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>May 29, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></FONT>&nbsp;</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; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</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; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>10</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT color=windowtext>.5</FONT><FONT lang=IN color=windowtext>0</FONT><FONT color=windowtext>% - 11.00%</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></FONT>&nbsp;</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; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Property and equipment (Note 11), inventori<FONT style="FONT-SIZE: 10pt" face="Times New Roman">e</FONT><FONT style="FONT-SIZE: 10pt" face="Times New Roman">s </FONT>(Note 7) and trade receivables (Note 6)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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="12%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face=Arial,sans-serif>April 29, 2008<SUP> a</SUP></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; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</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; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</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; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>May 29, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Monthly</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>10</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT color=windowtext>.5</FONT><FONT lang=IN color=windowtext>0</FONT><FONT color=windowtext>% - 11.00%</FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Property and equipment (Note 11), inventories (Note 7) and trade receivables (Note 6)</FONT></P></TD>

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<P style="TEXT-ALIGN: center">F - 60 </P>

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<a name="_bclHeader169"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B> </DIV>

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<a name="_bclHeader169"></a><DIV><B><FONT></FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">17.&nbsp; SHORT-TERM LOANS AND OTHER BORROWINGS (continued)</FONT></B></DIV>

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<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; Short-term bank loans (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></B>&nbsp;</P>

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<TABLE style="WIDTH: 95.14%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Borrower</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Currency</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 9.95pt 0pt 3.4pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total facility </FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 0.95pt 0pt 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(in billions)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Maturity date</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Interest payment period</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Interest rate per annum</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Security</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Bank Ekonomi</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=IN color=windowtext></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" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=left><FONT color=windowtext></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" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

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   <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 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>August 7, 200</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>9<SUP>b</SUP></FONT></P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sigma</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>35</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>July 1, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>9.00%</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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Property and equipment (Note 11) and trade receivables (Note 6)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></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 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="times new roman">August 7, 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="14%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>US$</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.001</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" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>July 1, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</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" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6.00%</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" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Property and equipment (Note 11) and trade receivables (Note 6)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 4pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</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 credit facilities obtained by the Company&#8217;s subsidiaries are used for working capital purposes.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT size=2></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.2pt; MARGIN: 0in 0in 0pt 49.65pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">a</FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp; based on the latest amendment on October 10,&nbsp;2012</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.2pt; MARGIN: 0in 0in 0pt 49.65pt"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">b</FONT></SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp; based on the latest amendment on October 1,&nbsp;2012</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.2pt; MARGIN: 0in 0in 0pt 49.65pt">&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.2pt; MARGIN: 0in 0in 0pt 49.65pt"><FONT style="FONT-SIZE: 10pt">As of December 31, 2012, the Company's subsidiaries have complied with all convenants.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 3pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Current maturities of long-term liabilities</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>

<DIV align=left>

<TABLE style="WIDTH: 95.14%; 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: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><B><FONT color=windowtext></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" align=left><B><FONT color=windowtext></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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>1&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" align=left><B><FONT color=windowtext></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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2&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" align=left><B><FONT color=windowtext></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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>18c</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,960</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" align=left><FONT color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,475</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>11d</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=IN color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>5</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10&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" align=left><FONT lang=IN color=windowtext></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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Bonds and 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" align=left><FONT color=windowtext></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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>18b</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>385</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=IN color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>440</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=IN color=windowtext></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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>18a</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>272</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=IN color=windowtext></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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=IN color=windowtext></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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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"><B><FONT color=windowtext></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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext></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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></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" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,813</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" align=left><B><FONT color=windowtext></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" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,621</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" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 1pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</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">Refer to Note 34 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"><STRONG><FONT size=2></FONT></STRONG>&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">18.&nbsp; LONG-TERM LOANS AND OTHER BORROWINGS</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 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Long-term loans and other borrowings consist of long-term bank loans, bonds and notes, two-step loans, and obligations under finance leases with the amounts as of December 31, 2011 and 2012 as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.56%; 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="68%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext face=arial,sans-serif></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=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: left; MARGIN: 0in 0in 0pt" align=left><B><FONT 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=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">2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 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="68%">

   <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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">7,231</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext face="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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,783</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; MARGIN: 0in 0in 0pt" align=left><FONT 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="68%">

   <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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,401</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,229</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; MARGIN: 0in 0in 0pt" align=left><FONT 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="68%">

   <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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2,012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext face="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="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,791</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 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="68%">

   <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="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">314</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 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=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">1,814</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 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="68%">

   <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="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">12,958</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 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=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">13,617</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 color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P>

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<P style="TEXT-ALIGN: center">F - 61 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></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="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>18.</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif>&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">LONG-TERM LOANS AND OTHER BORROWINGS (continued)</FONT></B></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Scheduled principal payment</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> as of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">December 31, 2012 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">are as follow</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">s :</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%">&nbsp;</P>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=left>

<TABLE style="WIDTH: 97.56%; 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="34%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><B><FONT color=windowtext></FONT></B>&nbsp;</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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="54%" colSpan=9>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT color=windowtext></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=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></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=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2014</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2015</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2016</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2017</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Thereafter</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Bank loans</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,783</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,480</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,337</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>328</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>90</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Bonds and notes</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,229</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>192</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,042</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,995</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 color=windowtext></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="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,791</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>983</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Obligations under finance leases</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,814</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>396</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>227</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>13,617</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 color=windowtext></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=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,266</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 color=windowtext></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=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,850</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: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></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=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>998</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 color=windowtext></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=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>760</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 color=windowtext></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=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,743</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 color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><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">Two-step loans</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><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 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Two-step loans are unsecured loans initially obtained by the Government which are then re-loaned to the Company. The loans obtained up to July 1994 were recorded and payable in rupiah based on the exchange rate at the date of drawdown. Loans obtained 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; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=right>

<TABLE style="WIDTH: 96.19%; HEIGHT: 223px; 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="16%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT color=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"><FONT color=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="16%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=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" align=left><FONT 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=top width="31%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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: 0in; MARGIN: 0in" align=left><FONT 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=top width="33%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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; PADDING-TOP: 0in" vAlign=top width="1%"></TD></TR>

<TR>

   <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: -0.25in; MARGIN: 0in 0in 0in 0.25in"><B><FONT color=windowtext 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"><B><FONT color=windowtext 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"><B><FONT color=windowtext 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" align=left><B><FONT 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=top width="31%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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" align=left><B><FONT 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=top width="33%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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%"></TD></TR>

<TR>

   <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: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT color=windowtext 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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext 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" align=center><B><FONT color=windowtext 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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext 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" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Original</FONT></B></P><FONT style="FONT-SIZE: 10pt"></FONT>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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" align=center><B><FONT color=windowtext 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" 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=bottom width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext 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" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Original</FONT></B></P><FONT style="FONT-SIZE: 10pt"></FONT>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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" align=center><B><FONT color=windowtext 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" 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=bottom width="1%"></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="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><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; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT 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=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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" align=center><B><FONT 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=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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" align=center><B><FONT 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=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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" align=left><B><FONT 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=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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" align=center><B><FONT 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=top width="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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%"></TD></TR>

<TR>

   <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: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Overseas 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" align=center><FONT color=windowtext face="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="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext face="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="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">9,983</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext face="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="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">1,167</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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="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="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">9,215</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; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext face="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="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">1,031</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%"></TD></TR>

<TR>

   <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: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT color=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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT color=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="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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" align=right><FONT color=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="15%">

   <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 color=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="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">717</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=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="16%">

   <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 color=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="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">574</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%"></TD></TR>

<TR>

   <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: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT color=windowtext face="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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT color=windowtext face="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="16%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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" align=right><FONT color=windowtext face="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="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">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" align=right><FONT 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=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">400</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="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="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" 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; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT 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=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">382</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%"></TD></TR>

<TR>

   <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: -0.25in; MARGIN: 0in 0in 0in 0.25in" 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; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=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="16%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=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"><FONT color=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="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=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" align=right><FONT color=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="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">2,284</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=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="16%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=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" align=right><FONT color=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="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">1,987</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%"></TD></TR>

<TR>

   <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: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Current maturities (Note 17b)</FONT></P></TD>

   <TD 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 color=windowtext face="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="16%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext face="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"><FONT color=windowtext face="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="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext face="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" align=right><FONT 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=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" 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=top 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=top width="16%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext face="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" align=right><FONT 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=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">(196</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top 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></TR>

<TR>

   <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: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Long-term portion (Note 18)</FONT></B></P></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 color=windowtext 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"><B><FONT color=windowtext 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"><B><FONT color=windowtext 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"><B><FONT color=windowtext 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" align=right><B><FONT 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=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">2,012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext 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"><B><FONT color=windowtext 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" align=right><B><FONT 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=top width="16%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">1,791</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><SUP><FONT style="LINE-HEIGHT: 70%; FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=right>

<TABLE style="WIDTH: 96.34%; HEIGHT: 118px; 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; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext 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" align=center><FONT color=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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext 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" align=center><FONT color=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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Principal</FONT></B></P><FONT style="FONT-SIZE: 10pt"></FONT>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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" align=center><FONT color=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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Interest</FONT></B></P><FONT style="FONT-SIZE: 10pt"></FONT>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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" align=center><FONT color=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: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" 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" align=center><FONT 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="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" 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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT 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=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT 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=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT 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=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT 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=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT 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="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Overseas 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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="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="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="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="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" 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" align=left><FONT color=windowtext face="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="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" 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" align=left><FONT color=windowtext face="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="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">4.00%</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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT 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="35%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=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" align=left><FONT color=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="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=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="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" 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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=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="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" 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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=IN color=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="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">6.79</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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=IN 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="35%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext face="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" align=left><FONT color=windowtext face="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="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="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="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" 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" align=left><FONT color=windowtext face="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="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" 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" align=left><FONT color=windowtext face="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="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" 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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="times new roman"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><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 telecommunications equipment. The loans are payable in semi-annual installments and are due on various dates through 2024.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><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 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Since 2008, the Company had used all facilities under the two-step loans program.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><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; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 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; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 1pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -16.1pt; MARGIN: 0in 0in 0pt 53.2pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp; Projected net revenue to projected debt service ratio should exceed 1.2:1 for the two-step loans originating from Asian Development Bank (&#8220;ADB&#8221;).</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -16.1pt; MARGIN: 0in 0in 0pt 53.2pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.&nbsp;&nbsp;&nbsp; Internal financing (earnings before depreciation and finance costs) should exceed 20% compared to annual average capital expenditures for loans originating from ADB.</FONT></P>

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<P style="TEXT-ALIGN: center">F - 62 </P>

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<P></P><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face=Arial,sans-serif><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B></FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></B>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt">18.&nbsp; </FONT></FONT></FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">LONG-TERM LOANS AND OTHER BORROWINGS (continued)</FONT></B></P></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><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 0in 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><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">Two-step loans (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><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 35.45pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of December 31, 2012, the Company has complied with all covenants.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp; Refer to Note 34 for details of related party transactions. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.2in; MARGIN: 0in 0in 0pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT size=2></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 10pt 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">b.</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Bonds and notes</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Outstanding</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Outstanding</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Original</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>currency</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rupiah</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Original</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>currency</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rupiah</FONT></B></P></TD>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Bonds and notes</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Currency</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(in millions)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>equivalent</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(in millions)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>equivalent</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Bonds</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Series A</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,005</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,005</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Series B</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,995</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,995</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Medium Term Notes (&#8220;MTN&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Finnet</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>18</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Metra</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>59</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sigma</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>30</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Promissory Notes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Huawei</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>US$</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>60</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>545</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>46</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>445</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT ZTE Indonesia (&#8220;ZTE&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>US$</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>15</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>134</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>22</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>216</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,786</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,669</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Current maturities (Note 17b)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(385</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(440</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Long-term portion (Note 18)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,401</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,229</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><SUP><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="times new roman"></FONT></SUP>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.&nbsp;&nbsp;&nbsp; Bonds</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 27pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><SUP><B><FONT style="FONT-SIZE: 6pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></B></SUP>&nbsp;</P>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=right>

<TABLE style="WIDTH: 95.17%; HEIGHT: 112px; 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=bottom width="26%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Bonds</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Principal</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Issuer</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Listed</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>on</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Issuance</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>date</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Maturity</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>date</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Interest</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext>payment</FONT></B></P></FONT></FONT>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></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" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Interest</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext>rate</FONT></B></P></FONT></FONT>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></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="26%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,005</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" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="26%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,995</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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></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="26%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&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=top width="9%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,000</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" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</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"><FONT lang=IN color=windowtext></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" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</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"><FONT lang=IN color=windowtext></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" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</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"><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><SUP><B><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></B></SUP>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.6pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The bonds are secured by all of the Company&#8217;s assets, movable or non-movable, either existing or in the future (Note 11d.x). The underwriters of the bonds are Bahana, 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; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 18.6pt; MARGIN: 0in 0in 0pt 0.5in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><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; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.6pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><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, have been used for financing 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; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><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 54.6pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of December 31, 2012, the rating for the bonds issued by PT Pemeringkat Efek Indonesia (Pefindo) is idAAA (stable outlook).</FONT></P>

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<P style="TEXT-ALIGN: center">F - 63 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>18.&nbsp; LONG-TERM LOANS AND OTHER BORROWINGS (continued)</FONT></B></DIV>

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<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>b. &nbsp; Bonds and notes (continued)</FONT></P>

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<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>1.&nbsp;&nbsp; Bonds (continued)</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext>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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1.&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>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2. &nbsp; EBITDA to finance costs ratio should not be less than 5:1;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.&nbsp;&nbsp;&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext>Debt service coverage is 125%</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext>.&nbsp;</FONT></P>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext>Phase 1</FONT></P></TD>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext>Quarterly</FONT></P></TD>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext>Phase 2</FONT></P></TD>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext>Metra II</FONT></P></TD>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext>Phase 1</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: normal; FONT-WEIGHT: normal" lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext>December 28, 2011</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: normal; FONT-WEIGHT: normal" lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext>December 28, 2014</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: normal; FONT-WEIGHT: normal" lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext>Quarterly</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: normal; FONT-WEIGHT: normal" lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext>Phase </FONT><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal" color=windowtext>2&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: normal; FONT-WEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 1.1pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal" color=windowtext>1</FONT><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext>0&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: normal; FONT-WEIGHT: normal" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal" color=windowtext>February 22, 2012</FONT></P></TD>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal" color=windowtext>February 22,</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: normal; FONT-WEIGHT: normal" lang=IN color=windowtext> 201</FONT><FONT style="LINE-HEIGHT: normal; FONT-WEIGHT: normal" color=windowtext>5&nbsp;</FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: normal; FONT-WEIGHT: normal" lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext>Quarterly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: normal; FONT-WEIGHT: normal" lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext>Sigma</FONT><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal" color=windowtext>**&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext>Semi-annually</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext>Finnet</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: normal; FONT-FAMILY: times new roman; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext>Monthly</FONT></P></TD>

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<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>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt; FONT-WEIGHT: normal" color=windowtext face="Times New Roman">* In December 2012, the MTN was fully repaid by Metra through refinancing with BNI.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt; FONT-WEIGHT: normal" color=windowtext face="Times New Roman">** In May 2012, the MTN was fully repaid by Sigma.</FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</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 Arranger of the Medium Term Notes is Bahana, with Bank Mega acting as Trustee, and PT Kustodian Sentral Efek Indonesia (&#8220;KSEI&#8221;) acting as Collecting Agent and Custodian. Proceeds from the issuance of MTN were used to, among others, expand the business and as working capital.&nbsp; </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">Metra secures 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"><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 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The MTN of Sigma and Finnet are not secured by a specific collateral, but secured by all of Sigma&#8217;s and Finnet&#8217;s assets, movable or non-movable, either existing or in the future&nbsp;(Note 11d.x) which become a collateral to MTN holders and at all times ranked (pari passu) without any preference or other creditor privileges in accordance with prevailing regulations. Sigma and 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"><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 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Refer to Note 34 for details of related party transactions.</FONT></P>

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<P style="TEXT-ALIGN: center">F - 64 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B></FONT></B></FONT></B><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">18.&nbsp;&nbsp;&nbsp; LONG-TERM LOANS AND OTHER BORROWINGS (continued)</FONT></B></P></DIV>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b. Bonds and notes (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 6pt" 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="LINE-HEIGHT: 97%; FONT-SIZE: 10pt; FONT-WEIGHT: normal" lang=IN color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Promissory Notes</FONT></P>

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<DIV align=right>

<TABLE style="WIDTH: 94.93%; HEIGHT: 125px; 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=bottom width="33%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Supplier</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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="LINE-HEIGHT: 97%" color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 97%" color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Principal</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(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; MARGIN: 0in 0in 0pt" align=left><B><FONT style="LINE-HEIGHT: 97%" color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Issuance</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>date</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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="LINE-HEIGHT: 97%" color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Principal</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 97%" color=windowtext>payment</FONT></B></P></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="LINE-HEIGHT: 97%" color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Interest</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 97%" color=windowtext>payment</FONT></B></P></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="LINE-HEIGHT: 97%" color=windowtext></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; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Interest</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 97%" color=windowtext>rate</FONT></B></P></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><B><FONT style="LINE-HEIGHT: 97%" color=windowtext></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="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Huawei</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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="LINE-HEIGHT: 97%" color=windowtext></FONT>&nbsp;</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" align=center><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 97%" color=windowtext></FONT>&nbsp;</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 1.1pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>300</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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="LINE-HEIGHT: 97%" color=windowtext></FONT>&nbsp;</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" align=center><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>June 19, 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" align=left><FONT style="LINE-HEIGHT: 97%" color=windowtext></FONT>&nbsp;</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" align=center><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: 97%" color=windowtext></FONT>&nbsp;</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" align=center><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Semi-annually</FONT><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext> (January 11, 2013 - June 28, 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" align=left><FONT style="LINE-HEIGHT: 97%" color=windowtext></FONT>&nbsp;</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" align=center><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6 month LIBOR+2.5%</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: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: 97%" color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>ZTE </FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left></P></FONT></FONT>&nbsp;

   <P></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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="LINE-HEIGHT: 97%" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 97%" color=windowtext></FONT>&nbsp;</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 1.1pt 0pt 0in" align=right><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: 97%" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>August 20, 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="LINE-HEIGHT: 97%" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: 97%" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Semi-annually</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 97%" color=windowtext>(March 10, 2013 -</FONT></P></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>June 10, 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: left; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: 97%" color=windowtext></FONT>&nbsp;</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="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6 month LIBOR+1.5%</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6 month LIBOR+2.5%</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; MARGIN: 0in 0in 0pt" align=left><FONT style="LINE-HEIGHT: 97%" color=windowtext></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 6pt; FONT-WEIGHT: normal" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.6pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Based on Agreement of Frame Supply and Deferred Payment Arrangement of the Company with ZTE and PT Huawei, the promissory notes issued by the Company to ZTE and PT Huawei are for unsecured supplier financing facilities covering 85% of Hand Over Report (&#8220;Berita Acara Serah Terima&#8221; or BAST) projects with ZTE and PT Huawei.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -3.7pt; MARGIN: 0in 0in 0pt 34pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp; As of December 31, 2012, the Company and subsidiaries have complied with all covenants.</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 21.3pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c. Bank loans</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></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=top width="23%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>1&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 color=windowtext></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=top width="21%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2&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 color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="42%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></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=top width="23%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></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=top width="21%" colSpan=3>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext></FONT></B></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT></FONT></B></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT></FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></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=bottom width="42%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=center><SUP><FONT color=windowtext></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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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="11%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Original </FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-SIZE: 10pt" color=windowtext>currency</FONT></B></P><FONT></FONT><FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(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 color=windowtext></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="11%" align=center>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext></FONT></B>&nbsp;</P><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rupiah </FONT></B>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=center><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Original </FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-SIZE: 10pt" color=windowtext>currency</FONT></B></P><FONT></FONT><FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(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 color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=center><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="42%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>1,131</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>4,011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="42%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Syndication of 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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>3,225</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>1,950</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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="42%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>2,271</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>1,564</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="42%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>2,111</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><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>1,417</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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="42%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>400</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>1,201</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="42%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>ABN Amro Bank N.V.,</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT color=windowtext>Stockholm Branch</FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT color=windowtext>(&#8220;AAB Stockholm&#8221;) and</FONT></P></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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 color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>659</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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="42%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Japan Bank for International</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Cooperation (&#8220;JBIC&#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" align=left><FONT color=windowtext></FONT>&nbsp;</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>381</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>30</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="42%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="42%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Bank Ekonomi Raharja Tbk</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(&#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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>69</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="42%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="42%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="42%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Industrial and Commercial Bank of China Limited (&#8220;ICBC&#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" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>39</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>350</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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="42%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="42%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>11,261</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT>&nbsp;</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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>11,309</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 color=windowtext></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="42%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Unamortized debt issue 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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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 color=#ffffff></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(70</FONT></P></TD>

   <TD 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(51</FONT></P></TD>

   <TD 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="42%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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 color=#ffffff></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>11,191</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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>11,258</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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="42%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Current maturities (Note 17b)</FONT></P></TD>

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   <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 color=#ffffff></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(3,960</FONT></P></TD>

   <TD 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(4,475</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Long-term portion (Note 18)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 2px double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0in" vAlign=bottom width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>7,231</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT></B>&nbsp;</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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 2px double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>6,783</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 17.45pt; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Refer to Note 34 for details of related party transactions. </FONT></P>

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<P style="TEXT-ALIGN: center">F - 65 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>18.&nbsp;&nbsp; LONG-TERM LOANS AND OTHER BORROWINGS </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">continued</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">)&nbsp;</FONT></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -3.7pt; MARGIN: 0in 0in 0pt 21.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;c.&nbsp;&nbsp;&nbsp;&nbsp;Bank loans (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -3.7pt; MARGIN: 0in 0in 0pt 21.7pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -3.7pt; MARGIN: 0in 0in 0pt 21.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other significant information relating to bank loans as of December 31, 2012 is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

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<TABLE style="WIDTH: 95.14%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="28%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Borrower</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Currency</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext>facility</FONT></B></P></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(in billions)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Current</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext>period</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext>payment</FONT></B></P></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(in billions)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Principal</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>payment schedule</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Interest</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>payment period</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Interest</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>rate per annum</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Security</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Syndication of banks</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>July 29, 2008<SUP>a</SUP></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT color=windowtext>(BNI, BRI and</FONT></P></FONT></FONT>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Bank Jabar)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,400</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>600</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Semi-annually</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2010 - 2013)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Quarterly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3 months </FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>JIBOR+1.20%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>None</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>June 16, 2009<SUP>a</SUP></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(BNI and BRI)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,700</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>675</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Semi-annually</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2011 - 2014)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Quarterly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3 months </FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>JIBOR+2.45%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>None</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 7.65pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.65pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Syndication of banks</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 7.65pt; PADDING-TOP: 0in" vAlign=top width="8%">

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<TR style="HEIGHT: 7.65pt">

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>December 19, 2012 </FONT></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(BNI, BRI and </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Bank Mandiri)<SUP> k</SUP></FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Dayamitra</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2.5</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.65pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Semi-annually</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2014 - 2020)</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 7.65pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Quarterly</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3 months </FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>JIBOR + 3.00%</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Property and</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>equipment</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>(Note 11) and</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>trade</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>receivables</FONT></P></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(Note 6)</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>BCA</FONT></P></TD>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">July 5, 2010<SUP>b&amp;c</SUP></FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telkomsel</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>667</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Semi-annually</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2012 - 2016)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Quarterly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3 months </FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>JIBOR+1.20%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>None</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 16, 2010<SUP>a</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>TII</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>200</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>40</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Semi-annually</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2011 - 2015)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Quarterly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3 months </FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>JIBOR+1.25%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>None</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Bank Mandiri</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">July 5, 2010<SUP>b&amp;c</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telkomsel</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>694</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Semi-annually</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2012 - 2016)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Quarterly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3 months </FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>JIBOR+1.20%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>None</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>BRI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">October 13, 2010<SUP>a</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Semi-annually</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>(2013 - 2015)</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></FONT></FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Quarterly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3 months </FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>JIBOR+1.25%</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></FONT></FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>None</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">July 20, 2011<SUP>a</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Dayamitra</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Semi-annually</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>(2011 - 2017)</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></FONT></FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Quarterly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3 months </FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>JIBOR+1.40%</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></FONT></FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Property and</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>equipment</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>(Note 11)</FONT></P></FONT></FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">April 17, 2012<SUP> a&amp;j</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Indonusa</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>225</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Semi-annually</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2013 - 2017)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Quarterly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3 months</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>JIBOR+3.76%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Indonusa&#8217;s cash flows</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>ABN Amro Bank N.V. </FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT><FONT color=windowtext>Stockholm Branch </FONT><FONT color=windowtext>(&#8220;AAB Stockholm&#8221;)</FONT></FONT></P><FONT style="FONT-SIZE: 10pt"></FONT>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt"><FONT color=windowtext>and Standard </FONT><FONT style="FONT-FAMILY: times new roman" color=windowtext>Chartered Bank </FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 30, 2009<SUP>b&amp;d</SUP></FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telkomsel</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>US$</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.3</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.02</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Semi-annually</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2011- 2016)</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Semi-annually</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6 months </FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>LIBOR+0.82%</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>None</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>BNI </FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">October 13, 2010<SUP>a</SUP></FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Company</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>143</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Semi-annually</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2013 - 2015)</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Quarterly</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3 months </FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>JIBOR+1.25%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>None</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 23, 2011<SUP>a</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PIN</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>500</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Semi-annually</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2013 - 2016)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Quarterly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3 months </FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>JIBOR+1.50%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Inventories (Note 7)</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>and trade</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>receivables</FONT></P></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(Note 6)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">November 28, 2012<SUP>a</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Metra</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Annually</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2013-2015)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Property and equipment</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>(Note 11) and</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>trade</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>receivables</FONT></P></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(Note 6</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Japan Bank for International</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Cooperation(&#8220;JBIC&#8221;) </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">March 26, 2010<SUP>a&amp;e</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>US$</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.06</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.01</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Semi-annually(2010 - 2015)</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Semi-annually</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4.56% and 6 months</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>LIBOR+0.70%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>None</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>ICBC </FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>December 30, 2009</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telkomsel</FONT></P></TD>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>US$</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>0.3</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>0.039</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Semi-annually(2011 &#8211; 2016)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Semi-annually</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6 months </FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>LIBOR+1,20%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>None</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 66 </P>

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<P></P><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face=Arial,sans-serif><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"><FONT style="FONT-SIZE: 10pt" face="Times New Roman">d</FONT>PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>18.&nbsp; LONG-TERM LOANS AND OTHER BORROWINGS (continued)</FONT></B></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-INDENT: -0.25in; MARGIN: 0in 0in 10pt 0.5in"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=windowtext face="times new roman">c.</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=windowtext face="times new roman">Bank loans (continued)</FONT></P>

<DIV align=left>

<TABLE style="WIDTH: 95.14%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Borrower</FONT></B></P></TD>

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   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total</FONT></B></P><FONT style="FONT-SIZE: 10pt">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext face="Times New Roman">facility</FONT></B></P></FONT>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(in billions)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Current</FONT></B></P><FONT style="FONT-SIZE: 10pt">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext face="Times New Roman">period</FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext face="Times New Roman">payment</FONT></B></P></FONT>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(in billions)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Principal</FONT></B></P><FONT style="FONT-SIZE: 10pt">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext face="Times New Roman">payment</FONT></B></P></FONT>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interest</FONT></B></P><FONT style="FONT-SIZE: 10pt">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext face="Times New Roman">payment</FONT></B></P></FONT>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Interest</FONT></B></P><FONT style="FONT-SIZE: 10pt">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext face="Times New Roman">rate</FONT></B></P></FONT>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="28%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman"></FONT></P><FONT style="COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">Bank CIMB Niaga</FONT></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center></P><FONT style="FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=#ffffff face="Times New Roman"></FONT></P></FONT>

   <P></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=#ffffff face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center></P><FONT style="FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=#ffffff face="Times New Roman"></FONT></P></FONT>

   <P></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=#ffffff face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right></P><FONT style="FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=#ffffff face="Times New Roman"></FONT></P></FONT>

   <P></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=#ffffff face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right></P><FONT style="FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=#ffffff face="Times New Roman"></FONT></P></FONT>

   <P></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=#ffffff face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right></P><FONT style="FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=#ffffff face="Times New Roman"></FONT></P></FONT>

   <P></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=#ffffff face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center></P><FONT style="FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=#ffffff face="Times New Roman"></FONT></P></FONT>

   <P></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=#ffffff face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right></P><FONT style="FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=#ffffff face="Times New Roman"></FONT></P></FONT>

   <P></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=#ffffff face="Times New Roman"></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right></P><FONT style="FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=#ffffff face="Times New Roman"></FONT></P></FONT>

   <P></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=#ffffff face="Times New Roman"></FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">March 21, 2007<SUP>f</SUP></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">GSD</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">21</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8.6</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Quarterly</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2007 - 2015)</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9.75%</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Property and</FONT></P><FONT style="FONT-SIZE: 10pt">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">equipment</FONT></P></FONT>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 11)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">November 23, 2007<SUP>f</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">GSD</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2007 - 2012)</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9.75%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Property and</FONT></P><FONT style="FONT-SIZE: 10pt">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">equipment</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">(Note 11)</FONT></P></FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">July 28, 2009<SUP>g</SUP></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balebat</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.5</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2010 - 2014)</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10.50%</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Property and</FONT></P><FONT style="FONT-SIZE: 10pt">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">equipment</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">(Note 11),</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">inventories</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">(Note 7),</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">and trade</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">receivables</FONT></P></FONT>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 6)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">May 24, 2010<SUP>g</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balebat</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.6</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2010 - 2015)</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10.50%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Property and</FONT></P><FONT style="FONT-SIZE: 10pt">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">equipment</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">(Note 11),</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">inventories</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">(Note 7)</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">and trade</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">receivables</FONT></P></FONT>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 6)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">March 31, 2011</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">GSD</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">24</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3.2</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2011 - 2019)</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9.75%</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Property and</FONT></P><FONT style="FONT-SIZE: 10pt">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">equipment</FONT></P></FONT>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 11)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">March 31, 2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">GSD</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">13</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2.1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2011 - 2019)</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9.75%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Property and</FONT></P><FONT style="FONT-SIZE: 10pt">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">equipment</FONT></P></FONT>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 11)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">March 31, 2011</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">GSD</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">12</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2.1</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2011 - 2015)</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9.75%</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Property and</FONT></P><FONT style="FONT-SIZE: 10pt">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">equipment</FONT></P></FONT>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 11)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">September 9, 2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">GSD</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">41</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1.9</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2011 - 2021)</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9.75%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Property and</FONT></P><FONT style="FONT-SIZE: 10pt">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">equipment</FONT></P></FONT>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 11)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">September 9, 2011</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">GSD</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3.9</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2011 - 2015)</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9.75%</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Property and</FONT></P><FONT style="FONT-SIZE: 10pt">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">equipment</FONT></P></FONT>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 11)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">August 2, 2012<SUP>g</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Balebat</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">4</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.3</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2012 - 2015)</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10.50%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Property and</FONT></P><FONT style="FONT-SIZE: 10pt">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">equipment</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">(Note 11),</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">inventories</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">(Note 7)</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">and trade</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">receivables</FONT></P></FONT>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 6)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">September 20, 2012<SUP>a</SUP></FONT></P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">TLT</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Rp</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1,150</FONT></P></TD>

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   <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>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(2015 - 2030)</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3 months JIBOR+3.45%</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Property and</FONT></P><FONT style="FONT-SIZE: 10pt">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT color=windowtext face="Times New Roman">equipment</FONT></P></FONT>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in 1.8pt 0pt 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(Note 11)</FONT></P></TD>

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<P style="TEXT-ALIGN: center">F - 67 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B></FONT></B></FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>

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<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; LONG-TERM LOANS AND OTHER BORROWINGS (continued)</FONT></B></P></DIV>

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<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 10pt 0.5in"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 11pt" lang=EN-US color=windowtext face="times new roman">c.</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="times new roman">Bank loans (continued)</FONT></P>

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<TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Borrower</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Currency</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total facility</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(in billions)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Current</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext>period payment</FONT></B></P></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(in billions)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Principal </FONT></B><FONT style="COLOR: #000000"><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B>Payment </B></FONT></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>schedule</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=#ffffff></FONT></B>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Interest</FONT></B></P><FONT style="COLOR: #000000"><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="MARGIN: 0in 0in 0pt" align=center></P><B>payment </B></FONT></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>period</FONT></B></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Interest </FONT></B><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman"></FONT><B><FONT color=windowtext>rate</FONT></B></P><FONT></FONT><FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>per annum</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0.9pt 0pt 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Security</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">September 20, 2012<SUP>a</SUP></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>TLT</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>118</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Monthly</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT size=2>(2015 - 2030)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=#ffffff></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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 0.9pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Property and equipment</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>(Note 11)</FONT></P></FONT></FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></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; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">October 10, 2012<SUP>g</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Balebat</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Monthly</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2012 - 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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10.50%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT>&nbsp;</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 0.9pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Property and equipment</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>(Note 11),</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>inventories</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>(Note 7)</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>and trade</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>receivables</FONT></P></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Bank Ekonomi</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>December 7, 2006<SUP>i</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sigma</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>14</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3.4</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Monthly</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2006 - 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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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 0.9pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Property and equipment</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>(Note 11),</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>and trade</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>receivables</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>(Note 6)</FONT></P></FONT></FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></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; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" color=windowtext face="Times New Roman">March 9, 2007<SUP>i</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sigma</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2.7</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Monthly</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2008 - 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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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 0.9pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Property and equipment</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>(Note 11),</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>and trade</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>receivables</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>(Note 6)</FONT></P></FONT></FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: Times New Roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">September 10, 2008<SUP>a&amp;h</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sigma</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5.8</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Monthly</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2009 - 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" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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 0.9pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Property and equipment</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>(Note 11),</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>and trade</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>receivables</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>(Note 6)</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></FONT></FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></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; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: Times New Roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">August 7, 2009<SUP>a&amp;h</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sigma</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>35</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10.4</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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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 12pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Monthly for some</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext>Installments</FONT></P></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2009- 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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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 0.9pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Property and</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>equipment (Note 11),and trade</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>receivables</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>(Note 6)</FONT></P></FONT></FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: Times New Roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">August 7, 2009<SUP>a&amp;h</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sigma</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5.3</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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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 8pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Monthly for some</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt 8pt" align=right><FONT color=windowtext>installments</FONT></P></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2009 - 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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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 0.9pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Property and</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>equipment</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>(Note 11), and trade</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>receivables</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>(Note 6)</FONT></P></FONT></FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></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; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: Times New Roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">February 23, 2011<SUP>a&amp;h</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sigma</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="8%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="8%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>30</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8.6</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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Monthly</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2011 - 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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="9%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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 0.9pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Property and equipment</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>(Note 11),</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>and trade</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>receivables</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>(Note 6)</FONT></P></FONT></FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: Times New Roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">February 23, 2011<SUP>a&amp;h</SUP></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="9%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sigma</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>US$</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.002</FONT></P></TD>

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   <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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.0001</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Monthly</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2011 - 2015)</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Monthly</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6.00%</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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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 0.9pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Property and equipment</FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>(Note 11),</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>and trade</FONT></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT color=windowtext>receivables</FONT></P></FONT></FONT>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0.9pt 0pt 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(Note 6)</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR></TABLE><B><FONT style="FONT-SIZE: 4pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></B></DIV>

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<P style="TEXT-ALIGN: center">F - 68 </P>

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<a name="_bclHeader177"></a><DIV><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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;&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;

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

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<P></P></FONT></B></FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B></DIV>

<a name="_bclHeader177"></a><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; LONG-TERM LOANS AND OTHER BORROWINGS (continued)</FONT></B></P>

<a name="_bclHeader177"></a><P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><STRONG><FONT size=2></FONT></STRONG>&nbsp;</P>

<a name="_bclHeader177"></a><P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><STRONG><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; c.&nbsp;&nbsp;&nbsp;&nbsp; Bank Loans (Continued)</FONT></STRONG></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 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">The credit facilities obtained by the Company and 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" lang=EN-US color=windowtext face="Times New Roman">a&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 and subsidiaries are required to comply with all covenants or restrictions such as dividend distribution restrictions, new loans restriction, including maintaining financial ratios. As of December 31, 2012, the Company and subsidiaries have complied with all covenants.</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">b&nbsp;&nbsp;</FONT></SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US 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 Telkomsel&#8217;s capacity to comply with its obligation under the facilities. The terms of the relevant agreements also contain default and cross default clauses. As of December 31, 2012, Telkomsel complied with the above covenants.</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">c&nbsp;&nbsp;&nbsp;</FONT></SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In January 2012, the availability periods of the facilities from BCA and Bank Mandiri expired.</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">d&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 37a.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;) 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, 2 and 3 expired in July 2010, March 2011 and November 2011, respectively. In October 2011, EKN agreed to reduce the premium of the unused facility by US$3 million through a cash refund. </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;e&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, respectively.</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">Based on the latest amendment on March 31,&nbsp;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">g</FONT></SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> &nbsp; Based on the latest amendment on October 10, 2012</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">h</FONT></SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> &nbsp; Based on the latest amendment on October 1, 2012</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">i</FONT></SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> &nbsp; In 2012, the loan was fully repaid by Sigma and Telkomsel, and the facility was not extended.</FONT></P>

<P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">j</FONT></SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp; &nbsp; Based on the latest amendment on October 16, 2012, the loan was required to be repaid by Indonusa on April 24, 2013.</FONT></P>

<P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">k&nbsp;&nbsp;&nbsp;&nbsp; </FONT></SUP><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of December 31, 2012, the credit facility from the syndication of banks has not been used by Dayamitra.</FONT></P>

<P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align=left><STRONG><FONT size=2></FONT></STRONG>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt" lang=EN-US color=windowtext>19. NON-CONTROLLING INTERESTS</FONT></B></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Non-controlling interest in net assets of subsidiaries:</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telkomsel</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>13,275</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>15,218</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>Metra</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>*&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>32</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>65</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>GSD*</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>31</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>Infomedia</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>*&nbsp;</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=IT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>Total</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>13,315</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=IT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IT color=windowtext>15,314</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=IT color=windowtext></FONT></B>&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=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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>

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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">2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <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"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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">2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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-controlling interests in total comprehensive income of subsidiaries:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <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; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <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="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; 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">4,282</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; 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">4,417</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; 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">5,532</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <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>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">5</FONT></P></TD>

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   <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>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">16</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">14</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">GSD*</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; 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="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; 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>

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   <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="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; 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</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

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   <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>

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   <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>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">1</FONT></P></TD>

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   <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; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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</FONT></P></TD>

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   <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; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; 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="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; 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="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; 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">4,288</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; 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="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; 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">4,434</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; 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="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; 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">5,545</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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 style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 8pt" color=windowtext face="Times New Roman">* These amounts represent other third parties&#8217; share of ownership in subsidiaries of Metra, Infomedia and GSD.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center">F - 69 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>&nbsp;

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -29.7pt; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">20.&nbsp; CAPITAL STOCK</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -29.7pt; MARGIN: 0in 0in 0pt 49.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Description</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Number of shares</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 10pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Percentage of ownership</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total paid-up capital</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Series A Dwiwarna share </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Government</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Series B shares </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Government</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10,320,470,711</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>53.24</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,580</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Bank of New York Mellon Corporation*</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,952,965.536</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>15.23</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>738</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR color=windowtext>Directors (Note 1b):</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=FR color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=FR color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=FR color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=FR color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=FR color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=FR color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=FR color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR color=windowtext>Ermady Dahlan</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=FR color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR color=windowtext>17,604</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=FR color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=FR color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=FR color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Indra Utoyo</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,508</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Public (individually less than 5%)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,112,879,960</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>31.53</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,529</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>19,386,339,320</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100.00</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,847</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Treasury stock (Note 22)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>773,659,960</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>193</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>20,159,999,280</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100.00</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,040</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="99%" colSpan=7>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>* The Bank of New York Mellon Corporation serves as the </FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT color=windowtext>d</FONT><FONT lang=IN color=windowtext>epositary of </FONT><FONT color=windowtext>the </FONT><FONT lang=IN color=windowtext>registered ADS holders for the Company&#8217;s ADSs.</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.64%; MARGIN-LEFT: 13.5pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT 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; HEIGHT: 12.25pt; 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">201</FONT></B><FONT style="FONT-SIZE: 10pt"></FONT><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2&nbsp;</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT 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; HEIGHT: 12.25pt; 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">Number of shares</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT 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; HEIGHT: 12.25pt; 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">Percentage of ownership</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT 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; HEIGHT: 12.25pt; 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">Total paid-up capital</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">Description</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">Series A Dwiwarna share</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Government</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">Series B shares</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">10,320,470,711</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">53.90</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">2,580</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Government</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">2,197,688,216</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">11.48</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">549</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" 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: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">Directors (Note 1b):</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">Indra Utoyo</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=FR color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">5,508</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=FR color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=FR color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=FR color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Priyantono Rudito</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">108</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Sukardi Silalahi</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">108</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Public (individually less than 5%)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT 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; HEIGHT: 12.25pt; 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">6,630,904,168</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT 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; HEIGHT: 12.25pt; 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">34.62</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT 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; HEIGHT: 12.25pt; 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">1,658</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">19,149,068,820</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">100.00</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">4,787</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Treasury stock (Note 22)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT 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; HEIGHT: 12.25pt; 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">1,010,930,460</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT 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; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT 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; HEIGHT: 12.25pt; 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">253</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT 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; HEIGHT: 12.25pt; 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">20,159,999,280</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT 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; HEIGHT: 12.25pt; 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">100.00</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT 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; HEIGHT: 12.25pt; 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">5,040</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="99%" colSpan=7>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">* The Bank of New York Mellon Corporation serves as the </FONT><FONT style="FONT-SIZE: 10pt"><FONT color=windowtext face="Times New Roman">d</FONT><FONT lang=IN color=windowtext face="Times New Roman">epositary of </FONT><FONT color=windowtext face="Times New Roman">the </FONT><FONT lang=IN color=windowtext face="Times New Roman">registered ADS holders for the Company&#8217;s ADSs.</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</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=arial,sans-serif></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 Company issued only 1 Series A Dwiwarna share which is held by the Government and cannot be transferred to any other party, and it has a right to veto in the General Meeting of Stockholders of the Company with respect to the election and removal of any member of the Boards of Commissioners and Directors, issuance of new shares and amendment of the Company&#8217;s Articles of Association.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 70 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>20.&nbsp; CAPITAL STOCK (continued)</FONT></B></DIV></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></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 as stated in notarial deed No. 17 dated June 11, 2010 of A. Partomuan Pohan, S.H., LLM., the Company&#8217;s stockholders agreed on the distribution of cash dividends for 2009 amounting to Rp5,666 billion or Rp288.06 per share (of which Rp524 billion or Rp26.65 per share was distributed as an interim cash dividend in November 2009).</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">Pursuant to the AGM of Stockholders of the Company as stated in notarial deed No. 21 dated May 19, 2011 of A. Partomuan Pohan, S.H., LLM., the Company&#8217;s stockholders agreed on the distribution of cash dividends for 2010 amounting to Rp6,345 billion or Rp322.59 per share (of which Rp526 billion or Rp26.75 per share was distributed as an interim cash dividend in December 2010).</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 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. 14 dated May 11, 2012 of Ashoya Ratam, S.H., MKn., the Company&#8217;s stockholders agreed on the distribution of cash dividends and special cash dividend for 2011 amounting to Rp6,031 billion and Rp1,096 billion, 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"></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 June 22, 2012, the Company paid the above-mentioned cash dividends and special cash dividend totaling Rp7,127 billion.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</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">21.&nbsp; ADDITIONAL PAID-IN CAPITAL</FONT></B></P>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

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<TABLE style="WIDTH: 98.18%; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>1&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Proceeds from sale of 933,333,000 shares in excess of par value</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>through IPO in 1995</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,446</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,446</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Capitalization into 746,666,640 Series B shares in 1999</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(373</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #400040; FONT-SIZE: 10pt" color=#ffffff>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(373)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,073</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,073</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><STRONG><FONT size=2 face=Arial></FONT></STRONG>&nbsp;</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">22.&nbsp; TREASURY STOCK</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <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; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" 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; HEIGHT: 12.25pt; 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>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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">Maximum Purchase</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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">Phase</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">Basis</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">Numberof Shares</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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 style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">I</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=SV color=windowtext face="times new roman">EGM</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">December 21, 2005 - June 20, 2007</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">1,007,999,964</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Rp5,250</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">II</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">AGM</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">June 29, 2007 - December, 28, 2008</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">215,000,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">Rp2,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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 style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">III</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">AGM</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">June 20, 2008 - December 20, 2009</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">339,443,313</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">Rp3,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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 style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">BAPEPAM - LK</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">October 13, 2008 - January 12, 2009</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">4,031,999,856</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">Rp3,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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 style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">IV</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">AGM</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="38%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">May 19, 2011 - November&nbsp;20, 2012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">645,161,290</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">Rp5,000</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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>

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<P style="TEXT-ALIGN: center">F - 71 </P>

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<P></P><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face=Arial,sans-serif><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>22.&nbsp; TREASURY STOCK (continued)</FONT></B></DIV></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"></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">Movement in treasury stock as a result of share repurchase is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="32%" colSpan=5>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="32%" colSpan=5>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Number of shares</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>%</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Number of shares</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>%</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Beginning balance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>490,574,500</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2.43</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,264</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>773,659,960</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3.84</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,323</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Number of shares acquired</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>283,085,460</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.41</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,059</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>237,270,500</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.17</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,744</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Ending balance (Note 20)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>773,659,960</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3.84</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,323</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,010,930,460</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5.01</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8,067</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face=Arial,sans-serif></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 held on June 11, 2010, the stockholders approved the changes to the Company&#8217;s plan for use of the treasury stock as a result of the Shares Buyback phase I, II and III, as follows:&nbsp; (i) market placement; (ii) cancellation; (iii) equity conversion; and (iv) funding.&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"></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=arial,sans-serif></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">23.&nbsp; OTHER RESERVES </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 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Other reserves consist of the translation reserve and fair value reserve. The translation reserve consists of all foreign currency differences arising from the translation of the financial statements of foreign operations (including equity-accounted investees) amounting to Rp9 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">40 billion as of December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> and 2012, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</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">The fair value reserve consists of the cumulative net change in the fair value of available-for-sale financial assets until the investments are derecognized or impaired amounting to Rp47 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">42 billion as of December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">respectively.&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0in"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 1pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></SUP>&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">24.&nbsp; BASIC AND DILUTED EARNINGS PER SHARE</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 12pt" lang=EN-US color=windowtext face=arial,sans-serif></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">Basic and diluted earnings per share is computed by dividing </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">profit for the year attributable to owners of the parent</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> company amounting to Rp11,427 billion, Rp10,848 billion and Rp12,864 billion by the weighted average number of shares outstanding during the year totaling 19,669,424,780 shares, 19,591,872,544 shares</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">19,202,263,101 shares for the years ended December 31, 2010, 2011 and 2012, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face=arial,sans-serif></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 basic and diluted earnings per share amounts are Rp580.95, Rp5</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">5</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">3.70&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">669.92 for the years ended December 31, 2010, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> and 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, respectively. The Company does not have potentially dilutive financial instruments as of December 31, 2010, 2011 and 2012.</FONT></P>

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<P style="TEXT-ALIGN: center">F - 72 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>25.&nbsp; REVENUES</FONT></B></DIV></DIV>

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   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR color=windowtext>2010</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR color=windowtext>2011</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Telephone Revenues</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR color=windowtext>Cellular</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR color=windowtext>Usage charges</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR color=windowtext>28,024</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR color=windowtext>2</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>7</FONT><FONT lang=FR color=windowtext>,</FONT><FONT lang=IN color=windowtext>189&nbsp;</FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR color=windowtext>29,477</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Monthly subscription charges</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>488</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>569</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>696</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Features</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>582</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>838</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>558</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Connection fee charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>40</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>29,134</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>28,598</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>30,731</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Fi</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>xed lines</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Usage charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>9,287</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8,213</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7,323</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Monthly subscription charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,251</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,004</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,805</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Installation charges</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>179</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>135</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>112</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>223</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>267</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>422</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>12,940</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>11,619</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10,662</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total Telephone Revenues</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>42,074</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>40,217</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>41,393</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Interconnection Revenues</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Domestic interconnection and transit</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,174</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,071</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,618</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>International interconnection</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,561</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,438</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,655</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total Interconnection Revenues</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,735</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,509</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,273</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Data, </FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT color=windowtext>I</FONT></B><B><FONT lang=IN color=windowtext>nternet</FONT></B><B><FONT color=windowtext>,&nbsp;</FONT></B><B><FONT lang=IN color=windowtext> and </FONT></B><B><FONT color=windowtext>I</FONT></B><B><FONT lang=IN color=windowtext>nformation </FONT></B><B><FONT color=windowtext>T</FONT></B><B><FONT lang=IN color=windowtext>echnology </FONT></B><B><FONT lang=FR color=windowtext>S</FONT></B><B><FONT lang=IN color=windowtext>ervices </FONT></B><B><FONT lang=FR color=windowtext>R</FONT></B></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>evenues&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=FR color=windowtext>Internet, data communication and</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext> information technology services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8,297</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10,548</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>14,857</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Short Messaging Services (&#8220;SMS&#8221;)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>11,289</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>13,093</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>12,631</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>VoIP</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>197</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>245</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>81</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>e-Business</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>18</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>38</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>55</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT lang=IN color=windowtext> Data, Internet</FONT></B><B><FONT color=windowtext>,&nbsp;</FONT></B><B><FONT lang=IN color=windowtext> and Information Technology</FONT></B></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext> Services Revenues</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>19,801</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>23,924</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>27,624</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Network Revenues</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Leased lines</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>687</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>911</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>824</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Satellite transponder lease</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>371</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>390</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>384</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total Network Revenues</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,058</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,301</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,208</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Other Telecommunication</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT color=windowtext>s&nbsp;</FONT></B><B><FONT lang=IN color=windowtext> Service</FONT></B><B><FONT color=windowtext>s&nbsp;</FONT></B></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext> Revenues</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#ffffff></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Customer Premise Equipment (&#8220;CPE&#8221;) </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>and terminal</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">851</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>739</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,046</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Pay TV</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>159</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>259</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>405</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Leases</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>75</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>219</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>401</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Directory assistance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>322</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>349</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>295</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>USO compensation</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>242</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>415</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>237</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sales of modems</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>170</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>163</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>35</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Other</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>s&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>42</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>143</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>210</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total Other Telecommunications Services Revenues</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,861</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,287</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,629</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>TOTAL REVENUES</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>68,529</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>71,238</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>77,127</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>Refer to Note 34 for details of related party transactions.</FONT></P></TD>

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<P style="TEXT-ALIGN: center">F - 73 </P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face=Arial,sans-serif><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>&nbsp;

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<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; </FONT></B><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">SERVICE CONCESSION ARRANGEMENT</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.25pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The Ministry of Communication and Information (&#8220;MoCI&#8221;) issued Regulation&nbsp;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. 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; MARGIN: 0in 0in 0pt 21.25pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.25pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Based on MoCI Decree No. 32/PER/M.KOMINFO/10/2008 dated October 10, 2008 which replaced MoCI Decree No. 11/PER/M.KOMINFO/04/2007 dated April 13, 2007 and MoCI Decree&nbsp;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 Program), the provider is determined through a selection process by </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Balai Telekomunikasi dan Informatika Pedesaan</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> (&#8220;BTIP&#8221;) which was established based on MoCI Decree No. 35/PER/M.KOMINFO/11/2006 dated&nbsp;November 30, 2006. Subsequently, based on Decree No. 18/PER/M.KOMINFO/11/2010 dated November 19, 2010 of MoCI, BTIP was changed to </FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Balai Penyedia dan Pengelola Pembiayaan Telekomunikasi dan Informatika</FONT></I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"> (&#8220;BPPPTI&#8221;).</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.25pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.25pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">a.&nbsp;&nbsp; Company</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.25pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">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 Rp322 billion, covering Nanggroe Aceh Darussalam, North Sumatera, North Sulawesi, Gorontalo, Central Sulawesi, West Sulawesi, South Sulawesi and South East Sulawesi.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">On December 23, 2010, the Company was selected in a tender by the Government through BPPPTI to provide mobile internet access service centers for USO sub-districts for a total amount of Rp528 billion, covering Jambi, Riau, Kepulauan Riau, North Sulawesi, Central Sulawesi, Gorontalo, West Sulawesi, South East Sulawesi, Central Kalimantan, South Sulawesi, Papua and West Irian Jaya.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.25pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">b.&nbsp;&nbsp; Telkomsel</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.25pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">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 Program) for a total amount of Rp1.66 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 the 2390 MHz - 2400 MHz bandwidths.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Subsequently, in 2010 and 2011, the agreements were amended, which amendments cover, among other matters, changing the price to Rp1.76 trillion and changing the term of payment from quarterly to monthly or quarterly. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">In January 2010, the MoCI granted Telkomsel operating license to provide local fixed-line services under the USO program.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 74 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

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<P></P>26.&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 97%; TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">SERVICE CONCESSION ARRANGEMENT </FONT></B><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">(continued)&nbsp;</FONT></B></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.25pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">b.&nbsp;&nbsp; Telkomsel (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.25pt"><FONT size=2></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">On December 27, 2011, Telkomsel (on behalf of Konsorsium Telkomsel, a consortium which was established with Dayamitra on December 9, 2011) was selected by BPPPTI as a provider of the USO Program in the border areas for all packages (package 1 to package 13) with a total price of Rp830 billion. On such date, Telkomsel was also selected by BPPPTI as a provider of the USO Program (upgrading) &#8220;Desa Pinter&#8221; or &#8220;Desa Punya Internet&#8221; for packages 1, 2 and 3 with a total price of Rp261 billion. </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">On January 5, 2012 and January 9, 2012, Telkomsel (on behalf of Konsorsium Telkomsel) entered into agreements with BPPPTI for providing services under the USO programs Desa Pinter and in border areas, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">The agreements contain, among other matters, the following provisions:</FONT></P>

<P style="TEXT-INDENT: -14.2pt; MARGIN: 0in 0in 0pt 49.65pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face=symbol>&#183;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Telkomsel and Konsorsium (&#8220;the Parties&#8221;) will receive advances representing 15% of the total contract price. Prior to payment of the advances, the Parties should issue bank guarantee for at least the same amount.</FONT></P>

<P style="TEXT-INDENT: -14.2pt; MARGIN: 0in 0in 0pt 49.65pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face=symbol>&#183;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">The Parties are required to:</FONT></P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 71.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>-</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Issue performance bonds representing 5% of the total contract price; and</FONT></P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 71.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif>-</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Provide end-to-end telecommunication access and services within approximately 60 months which are divided into pre-operating and operating phases.</FONT></P>

<P style="TEXT-INDENT: -14.2pt; MARGIN: 0in 0in 10pt 49.65pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face=symbol>&#183;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">The Parties will receive progress payments from BPPPTI based on performance evaluation on a monthly or quarterly basis.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Dayamitra, through Telkomsel, has received the advance from BPPPTI for the USO Program in border areas amounting to Rp113 billion (net of tax). The bank guarantees for the advance and performance bonds were issued by Dayamitra. Part of the advance amounting to Rp28 billion was recorded as part of other current assets and the remainder was recorded as part of other non-current assets.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Telkomsel has received the advance from BPPPTI for the USO Program Desa Pinter amounting to Rp36 billion (net of tax). Telkomsel had issued bank guarantees with a total amount of Rp52 billion for the advance and as performance bonds. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">Part of the advances received from BPPPTI from the USO Program in border areas and Desa Pinter totaling Rp37 billion was recorded as part of trade payables.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=black face="Times New Roman">On December 31, 2012, the Company&#8217;s and Telkomsel&#8217;s trade receivables under the USO programs which are measured at amortized cost using the effective interest method amount to Rp533 billion (Notes 6 and 12).</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 21.3pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">For the years ended December 31, 2010, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> and</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> 2012,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> the Company and Telkomsel recognized the following amounts:</FONT></P>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Company</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>112</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(16</FONT></P></TD>

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<P style="TEXT-ALIGN: center">F - 75 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>26.&nbsp; </FONT></B><B><FONT style="TEXT-TRANSFORM: uppercase; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">SERVICE CONCESSION ARRANGEMENT </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">(continued)&nbsp;</FONT></B></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.74%; MARGIN-LEFT: 22.5pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Company and Telkomsel</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Revenue - operation of telecommunication service centre</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>244</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>255</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>353</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Profit - operation of telecommunication service centre</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>79</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>105</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext><FONT style="FONT-SIZE: 10pt" face="Times New Roman">83</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0in 0in 0in 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">7.&nbsp;&nbsp;&nbsp; PERSONNEL EXPENSES</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="LINE-HEIGHT: 70%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.74%; MARGIN-LEFT: 22.5pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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">2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">Vacation pay, incentives and other benefits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">2,575</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">2,814</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">3,400</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">Salaries and related benefits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">2,751</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">3,001</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">3,257</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">Employees&#8217; income tax</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">796</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">1,043</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">1,022</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">Net periodic pension benefit cost (Note 32)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">624</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">629</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">715</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">Early retirement program (Note 15)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">517</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">699</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">Housing</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">214</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">197</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">200</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">LSA expenses (Note </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3)&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">78</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">96</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">Net periodic post-employment health care benefit cost (Note </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">2)&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">238</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">199</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">90</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">Insurance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">68</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">70</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">83</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">Net periodic other post-employment benefit cost (Note 32)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">61</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">53</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">49</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">Others (each below Rp50 billion)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">42</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">52</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">59</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">7,447</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <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">8,671</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">9,695</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=#ffffff face="Times New Roman"></FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=#ffffff face=arial,sans-serif></FONT></B></P></TD>

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=#ffffff face="Times New Roman"></FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=#ffffff face=arial,sans-serif></FONT></B></P></TD>

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=#ffffff face="Times New Roman"></FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=#ffffff face=arial,sans-serif></FONT></B></P></TD>

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=#ffffff face="Times New Roman"></FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=#ffffff face=arial,sans-serif></FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">Refer to Note 34 for details of related party transactions.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><STRONG><FONT size=2 face=Arial></FONT></STRONG>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">8</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">.&nbsp; OPERATIONS, MAINTENANCE AND TELECOMMUNICATION SERVICES EXPENSES</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Operations and maintenance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>8,836</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>9,184</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>9,012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Radio frequency usage charges (Notes 3</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT color=windowtext>4c.i</FONT><FONT lang=IN color=windowtext>,&nbsp;</FONT><FONT lang=IN color=windowtext> </FONT><FONT color=windowtext>37</FONT><FONT lang=IN color=windowtext>c.i and 3</FONT><FONT color=windowtext>7</FONT><FONT lang=IN color=windowtext>c.iii</FONT><FONT color=windowtext>)&nbsp;</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2,892</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2,846</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,002</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Concession fees and </FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=black>Universal Service Obligation</FONT><FONT lang=IN color=windowtext> </FONT><FONT color=windowtext>c</FONT><FONT lang=IN color=windowtext>harges </FONT><FONT color=windowtext>(Note 26)</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,177</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,235</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,445</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Electricity, gas and water</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>841</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>836</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>879</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Cost of phone, set top box, SIM and RUIM cards</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,067</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>967</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>687</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Insurance</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>384</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>431</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>671</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Leased lines and CPE</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>215</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>406</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>407</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Vehicles rental and supporting facilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>283</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>291</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>293</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Cost of IT services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>200</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>144</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>222</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Travelling expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>60</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>54</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>57</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others (each below Rp50 billion)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>91</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>59</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>121</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Total</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>16,0</FONT></B><FONT style="COLOR: #000000"><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>46&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>16,</FONT></B><FONT style="COLOR: #000000"><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>453&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>16,79</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6&nbsp;</FONT></B></P></TD>

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<TR>

   <TD vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman" color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=IN color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=IN color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=IN color=#ffffff></FONT></B></P></TD></TR>

<TR>

   <TD vAlign=top width="51%"><FONT style="FONT-SIZE: 10pt">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman" color=#ffffff></FONT></B></P></FONT>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman" color=#ffffff><FONT style="FONT-SIZE: 10pt"><FONT style="COLOR: #000000">Refer to Note 34 for details of related party transactions.</FONT></FONT></FONT></P></TD>

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   <TD vAlign=top width="1%">

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   <TD vAlign=top width="15%">

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<P style="TEXT-ALIGN: center">F - 76 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>29.&nbsp; GENERAL AND ADMINISTRATIVE EXPENSES</FONT></B></DIV></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><STRONG><FONT size=2></FONT></STRONG>&nbsp;</P>

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<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Provision for impairment of receivables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>525</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>883</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>915</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>General expenses</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>301</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>326</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>527</FONT></P></TD>

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<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Collection expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>401</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>327</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>341</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Travelling</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>260</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>256</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>259</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Training, education and recruitment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>216</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>229</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>259</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Professional fees</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>163</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>235</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>187</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Social contribution</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>171</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>290</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>129</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Meetings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>80</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>86</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>105</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Security and screening</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>215</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>97</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>62</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Stationery and printing</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>64</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>53</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>55</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others (each below Rp50 billion)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>141</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>153</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>197</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,537</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT color=windowtext>,</FONT></B></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>935&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>3,036</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=#ffffff></FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Refer to Note 34 for details of related party transactions.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</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=arial,sans-serif></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=arial,sans-serif></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">30.&nbsp; INTERCONNECTION EXPENSES</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Domestic interconnection and transit</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,980</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,414</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,464</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>International interconnection</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,106</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,141</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,203</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,086</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,555</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,667</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=#ffffff></FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Refer to Note 34 for details of related party transactions.</FONT></P></TD>

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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</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">31. TAXATION</FONT></B></P>

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<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; Prepaid income taxes</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><SUP><FONT style="FONT-SIZE: 8pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

<DIV align=left>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>1&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2&nbsp;</FONT></B></P></TD>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Corporate income taxes:</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Subsidiaries</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>633</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>52</FONT></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Arial,sans-serif></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">b.&nbsp;&nbsp;&nbsp;&nbsp; Prepaid other taxes</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

<DIV align=left>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT style="FONT-SIZE: 8pt" color=windowtext face="times new roman"></FONT></SUP>&nbsp;</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>

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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">201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">1&nbsp;</FONT></B></P></TD>

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   <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>

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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">201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">2&nbsp;</FONT></B></P></TD>

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   <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></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">Other taxes - The Company:</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Value Added Tax (&#8220;VAT&#8221;)</FONT></P></TD>

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   <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>

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   <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>

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   <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>

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   <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>

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   <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></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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 taxes - Subsidiaries:</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Import duties</FONT></P></TD>

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   <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; HEIGHT: 12.25pt; 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>

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   <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; HEIGHT: 12.25pt; 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</FONT></P></TD>

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   <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></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">VAT</FONT></P></TD>

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   <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; HEIGHT: 12.25pt; 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">471</FONT></P></TD>

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   <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; HEIGHT: 12.25pt; 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">735</FONT></P></TD>

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   <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></TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Article 23 - Withholding tax on services</FONT></P></TD>

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   <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>

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   <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; HEIGHT: 12.25pt; 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</FONT></P></TD>

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   <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></TR>

<TR style="HEIGHT: 12.25pt">

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   <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>

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   <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; HEIGHT: 12.25pt; 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">525</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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">756</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center">F - 77 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>31. TAXATION (continued)</FONT></B></DIV></DIV>

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<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">c.&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Current income tax liabilities</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>1&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Corporate income taxes - The Company</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Article 25 - Installment of corporate</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>income tax</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>40</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>30</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Article 29 - Corporate income tax</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>198</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Corporate income taxes - Subsidiaries:</FONT></P></TD>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Article 25 - Installment of corporate</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>income tax</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>378</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Article 29 - Corporate income tax</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>682</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>674</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>729</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,280</FONT></B></P></TD>

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<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=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">d. &nbsp;&nbsp;&nbsp; Other tax liabilities </FONT></P>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>1&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Other taxes - The Company:</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Article 4 (2) - Final tax</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Article 21 - Individual income tax</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>68</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>21</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Article 23 - Withholding tax on services</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>11</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10</FONT></P></TD>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Article 26 - Withholding tax on non-resident income</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>VAT</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>374</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sub-total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>84</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>414</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Other taxes - Subsidiaries:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Article 4 (2) - Final tax</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>29</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>37</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Article 21 - Individual income tax</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>75</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>60</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Article 23 - Withholding tax on services</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>25</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>32</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Article 26 - Withholding tax on non-resident income</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>18</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>VAT</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>87</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sub-total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>226</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>150</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>310</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>564</FONT></B></P></TD>

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<P style="TEXT-ALIGN: center">F - 78 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>31. TAXATION (continued)</FONT></B></DIV></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 21.3pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">e. &nbsp;&nbsp; The components of income tax expense (benefit) are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 21.3pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

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<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Current</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>558</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>77</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>78</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Subsidiaries</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,111</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,896</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,750</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sub-total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,669</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,673</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,628</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Deferred</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Company</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>640</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(439</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Subsidiaries</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>203</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(281</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext size=2>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(28</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>843</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(288</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext size=2>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(720</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,512</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,385</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>5,9</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>08</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0in 1.1pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0in 1.1pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">f. &nbsp;&nbsp; Reconciliation of income tax expense </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</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 income tax expense calculated by applying the applicable tax rate of 20% to the profit before income tax less income subject to final tax, and the net income tax expense as shown in the consolidated statements of comprehensive income is 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=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="52%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="52%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Profit before income tax</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>21,264</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>20,735</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>24,29</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="52%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Less income subject to final tax</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(633</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(462</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>913</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="52%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>20,631</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>20,273</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>23,</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>379</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="52%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Tax calculated at the Company&#8217;s applicable statutory tax rate of 20%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,126</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,055</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>4,</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>676</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="52%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Difference in applicable statutory tax rate for subsidiaries</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>850</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>906</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,050</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="52%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Non-deductible expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>369</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>326</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>3</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>61</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="52%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Final income tax expense</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>61</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>63</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>52</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="52%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>106</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>35</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(231</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="52%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net income tax expense</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,512</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,385</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>5,908</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</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=arial,sans-serif></FONT>&nbsp;</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 computations of the income tax expense for the years ended December 31, 2010, 2011 and 2012 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=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; 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: 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=arial,sans-serif></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=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=arial,sans-serif></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=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" lang=IN color=windowtext face=arial,sans-serif></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=top 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">2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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" lang=IN color=windowtext face=arial,sans-serif></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">Estimated taxable income of 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=arial,sans-serif></FONT>&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=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">2,485</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&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=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">3,568</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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=arial,sans-serif></FONT>&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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">4,20</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">9&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" lang=IN color=windowtext face=arial,sans-serif></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 0.25in" 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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&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: right; MARGIN: 0in 0in 0pt" 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; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif></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 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Final tax expense - 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=arial,sans-serif></FONT>&nbsp;</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">61</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</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">63</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #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=arial,sans-serif></FONT>&nbsp;</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" lang=IN color=windowtext face="Times New Roman">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" lang=IN color=windowtext face=arial,sans-serif></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 0.25in" 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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</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">4,111</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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</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">4,896</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 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=arial,sans-serif></FONT>&nbsp;</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" lang=IN color=windowtext face="Times New Roman">5,7</FONT><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; 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=arial,sans-serif></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><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Total income tax expense - current</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=arial,sans-serif></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=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">4,669</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=arial,sans-serif></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=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">5,673</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=arial,sans-serif></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=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">6,628</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=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center">F - 79 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>31. TAXATION (continued)</FONT></B></DIV></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 1pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0in 1.1pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">f. &nbsp;&nbsp; Reconciliation of income tax expense (continued) </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0in 1.1pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Income tax expense (benefit) - deferred - effect of temporary differences at enacted </FONT></P></TD>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>maximum tax rate (25% in 2010 and 2011, and 20% in 2012)</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Company</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Provision for impairment of receivables and trade receivables written off</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(18</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext size=2>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(47</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>58</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Deferred installation fee</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>22</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>31</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Finance leases</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>8</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(6</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>31</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Accrued expenses and provisions</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext> for obsolescence</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>28</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>(4</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>8</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Depreciation and gain on sales of property and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>243</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(36</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">(348</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Accrued early retirement benefits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>257</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>(140</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net periodic post-employment</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext> benefits costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(30</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=#ffffff>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>(72</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="COLOR: #000000" lang=IN color=#ffffff size=2>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amortization of intangible assets, land rights and other</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(252</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext size=2>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(4</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Payments of deferred consideration</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext> for business combinations</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>308</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>27</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=#ffffff></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>- </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=#ffffff></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>The Company </FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT color=windowtext>- n</FONT><FONT lang=IN color=windowtext>et&nbsp;</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>640</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(7</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(439</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext size=2>)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telkomsel</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Charges from leasing transaction</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>s&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>23</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Depreciation of </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>property and equipment</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>241</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(238</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(156</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext size=2>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Provision for impairment of receivables and trade receivables written off</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(20</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(14</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(53</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext size=2>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Provision for employ</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT color=windowtext>ee&nbsp;</FONT><FONT lang=IN color=windowtext> benefits</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(15</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(39</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(49</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext size=2>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Account</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT color=windowtext>s&nbsp;</FONT><FONT lang=IN color=windowtext> receivable - Government</FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(17</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(17</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(14</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext size=2>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Amortization of license</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(5</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext size=2>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telkomsel - net</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>196</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(308)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(254</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext size=2>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Subsidiarie</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT color=windowtext>s - </FONT><FONT lang=IN color=windowtext>other</FONT><FONT color=windowtext>s -</FONT><FONT lang=IN color=windowtext> net</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>27</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(2</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT color=windowtext>7</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext size=2>)&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Net income tax expense </FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT color=windowtext>-&nbsp;</FONT><FONT lang=IN color=windowtext> deferred</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>843</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(288</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(7</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT color=windowtext>20</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext size=2>)&nbsp;</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Income tax expense - net</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,512</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,385</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>5,908</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center">F - 80 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

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<P></P>31. TAXATION </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></B></DIV></DIV>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.7pt; MARGIN: 0in 1.1pt 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">f. &nbsp;&nbsp; Reconciliation of income tax expense (continued) </FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">The Tax Law No. 36/2008 stipulates a reduction of 5% from the maximum rate applicable to qualifying listed companies, for those whose shares are traded on the IDX which meet the prescribed criteria that the public own 40% or more of the total fully paid and traded shares, and such shares are owned by at least 300 parties, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">with </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">each party owning less than 5% of the total paid-up shares. These requirements must be met by a company 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 purposes of calculating income tax expense and liabilities for the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">year ended </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">December 31, 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, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">1&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> and 2012, the Company has </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">reduced the</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> applicable tax rate by 5%.</FONT></P>

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<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 applied a tax rate of 20% for the fiscal years 201</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">201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1 and 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">. The subsidiaries applied a tax rate of 25% for the fiscal years 201</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">201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1 and 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">.&nbsp;</FONT></P>

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<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 will submit the above corporate income tax computation in its income tax returns (&#8220;Surat Pemberitahuan Tahunan&#8221; or &#8220;Annual SPT&#8221;) for the fiscal year 2012 that will be reported to the Tax Office based on prevailing regulations. The amount of corporate income tax for the year ended December 31, 2011 agreed with what was reported in the 2011 Annual SPT.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 22.5pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">g.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp; Tax assessments </FONT></P>

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<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">The Directorate General of Tax (&#8220;DGT&#8221;) is assessing the Company&#8217;s withholding income taxes for fiscal year 2008 and as of the issuance date of the consolidated financial statements, the assessment is still in process.</FONT></P>

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<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>

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<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 25, 2009, the Tax Authorities filed a judicial review request to the Indonesian Supreme Court (&#8220;SC&#8221;) for the Tax Court&#8217;s acceptance of Telkomsel&#8217;s appeal for a refund of Rp115 billion withholding taxes covering the fiscal year 2002. On April 3, 2009, Telkomsel filed a contra-appeal to the SC. Based on its verdict which was received in November 2012, the SC decided to reject the request of the Tax Authorities. The SC verdict is legally binding in favor of Telkomsel.</FONT></P>

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<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 10, 2010, the Tax Authorities filed a judicial review request 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, the judicial review is still in process.</FONT></P>

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<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, the Tax Court notified Telkomsel that the Tax Authorities have filed an appeal to the SC on the Tax Court&#8217;s verdict to cancel the Tax Collection Letter (STP) for the underpayment of income tax Article 25 for the period December 2008 of Rp429&nbsp;billion (including a penalty of Rp8&nbsp;billion). In May 2010, Telkomsel filed a contra-appeal to the SC. As of the issuance date of the consolidated financial statements, the appeal is still in process.</FONT></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

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<P></P><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"><STRONG>31.&nbsp; TAXATION (continued)</STRONG></FONT></FONT></DIV></DIV>

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<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>

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<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 2010, Telkomsel was assessed for underpayments of corporate income tax, withholding taxes and VAT for the fiscal year 2006 totaling Rp212 billion (including penalty of Rp69 billion). In November 2010, Telkomsel paid the assessments and in December 2010, Telkomsel filed an objection to the DGT for the withholding tax and VAT assessments amounting to Rp116 billion (including a penalty of Rp38 billion) and recorded the payments as a claim for tax refund. A portion of the assessment accepted by the Company in the amount of Rp50 billion had been previously charged to the 2008 consolidated statement of comprehensive income while the remaining portion of Rp46 billion was charged to the 2010 consolidated statement of comprehensive income. Subsequently, in September 2011, the Tax Authorities&nbsp;rejected&nbsp;Telkomsel&#8217;s objection. In December 2011, Telkomsel filed an appeal to the Tax Court. As of the issuance date of the consolidated financial statements, the appeal is still in process.</FONT></P>

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<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 October and November 2010, Telkomsel received tax assessments (STPs) for the underpayments of income tax Article 25 for the fiscal year 2010 of Rp229 billion (including penalty of Rp11 billion). The STPs were paid in November and December 2010. The principal payment of Rp218 billion was considered as a tax prepayment in calculating the 2010 corporate income tax which at the end resulted in an overpayment of Rp599.87 billion. Through its letters in November 2010, Telkomsel requested the Tax Authorities to cancel the STPs. Subsequently, in April 2011, Telkomsel received STPs from the Tax Authorities which revised the above-mentioned STPs issued in October and November 2010 with an additional penalty of Rp4.3 billion. </FONT></P>

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<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 May 5, 2011, the Tax Authorities&nbsp; 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 December 31, 2011. Based on its verdict in March 2012, the Tax Court approved the cancellation of the STPs. In May and June 2012, Telkomsel received the refund of the penalty of Rp15.7 billion. On July 17, 2012, the Tax Authorities filed a judicial review request to the SC. Subsequently, on September 14, 2012, Telkomsel filed a contra appeal to the SC. As of the issuance date of the consolidated financial statements, the appeal is still in process.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 10pt 53.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In August 2011, Telkomsel was assessed for underpayments of withholding taxes and VAT for the fiscal year 2008 totaling Rp235 billion. In September 2011, Telkomsel paid the assessments and in November 2011, Telkomsel filed an objection to the Tax Authorities for the VAT assessment amounting to Rp232 billion (including penalty of Rp81.9 billion) and recorded it as a claim for tax refund. The remaining portion of Rp3 billion was charged to the 2011 consolidated statement of comprehensive income. In August 2012, the Tax Court approved Telkomsel&#8217;s appeal on the VAT and the refund of all the claims.</FONT></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>31. TAXATION (continued)</FONT></B></DIV></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face=arial,sans-serif></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">g. &nbsp;&nbsp;&nbsp; Tax assessments (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;&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">(ii)&nbsp;&nbsp; Telkomsel (continued)</FONT></P>

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<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 12, 2012, Telkomsel received Assessment Letters as a result of the tax audit for fiscal year 2010 by the Tax Authorities. Based on the letters, Telkomsel overpaid corporate income tax by Rp597.4 billion and underpaid VAT amounting to Rp302.7 billion (including penalty of Rp73.3 billion). Telkomsel accepted the overpayment of corporate income tax and Rp12.1 billion underpayment of VAT (including penalty of Rp6.3 billion). The portion accepted by Telkomsel was charged to the 2012 consolidated statement of comprehensive income. Telkomsel file</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">d&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> an objection to the Tax Authorities for the VAT assessment of Rp290.6 billion (including penalty of Rp67 billion) and recorded a claim for tax refund. As of the issuance date of the consolidated financial statements, the Tax Authorities have not yet issued their decision on the objection.</FONT></P>

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<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 5, 2012, Telkomsel received the refund of the overpayment of corporate income tax for fiscal year 2010 amounting to Rp294.7 billion, net of the underpayment of VAT.</FONT></P>

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<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">h. &nbsp;&nbsp;&nbsp; Deferred tax assets and liabilities</FONT></P>

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<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>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>December 31</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT color=windowtext>, 201</FONT></B></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>0&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>December 31, 2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Company</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Deferred tax assets:</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Deferred consideration for business combinations</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Provision for impairment of receivables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>287</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>47</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>334</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net periodic pension and other post-employment </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>benefit cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>47</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>34</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>253</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>334</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Accrued expenses and provision for inventory </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>obsolescence</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>26</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>30</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Provision for employee benefits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>86</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(4</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>82</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Deferred connection fee</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>106</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>85</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total deferred tax assets</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>579</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>33</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>253</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>865</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Deferred tax liabilities:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Difference between accounting and tax property and equipment net book value</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,893</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(36</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,929</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Land rights, intangible assets and others</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(25</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Finance leases</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(39</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(33</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total deferred tax liabilities</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,957</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(26</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; BORDER-TOP: #000000 1px solid; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,983 </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net deferred tax liabilities</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,378</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>253</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

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<P style="TEXT-ALIGN: center">F - 83 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>31. TAXATION (continued)</FONT></B></DIV></DIV>

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<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">h. &nbsp;&nbsp;&nbsp; Deferred tax assets and liabilities (continued)</FONT></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Provision for impairment of receivables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>50</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>14</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>64</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Provision for employee benefits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>173</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>39</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>65</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>277</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total deferred tax assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>223</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>53</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>65</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>341</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Deferred tax liabilities:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Depreciation of fixed assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,757</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>238</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,519</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>License amortization</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(48</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(48</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Accounts receivable - Government</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(25</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>17</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(8</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total deferred tax liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,830</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>255</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,575)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Net deferred tax liabilities of Telkomsel</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,607</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>308</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>65</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,234</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>deferred tax liabilities of the other subsidiaries</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(62</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(34</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(96</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff><STRONG><FONT style="COLOR: #000000; FONT-SIZE: 10pt">Total deferred tax liabilities</FONT></STRONG></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(4,047</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>281</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>318</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(3,448</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff><STRONG><FONT style="COLOR: #000000; FONT-SIZE: 10pt">Net deferred tax assets of other subsidiaries</FONT></STRONG></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>64</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>75</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="FONT-SIZE: 5pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(Charged)</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> credited to the</FONT></FONT></B></P></FONT></FONT></B></TD>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>consolidated</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> statement of</FONT></FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Recognized</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> in other</FONT></FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>December 31,</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> 2011</FONT></FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>comprehensive</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> income</FONT></FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>comprehensive</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> incom</FONT></FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>e&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Realized</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT lang=IN color=windowtext> to</FONT></B> equity</FONT></FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>December 31,</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> 201</FONT></FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2&nbsp;</FONT></B></P></TD>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>The Company</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Deferred tax assets:</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Provision for impairment of receivables</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>334</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(58</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>276</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net periodic pension and other post-employment benefit cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>334</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(19</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>303</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>618</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Accrued expenses and provision for inventory obsolescence</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>30</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(8</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>22</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Provison for early retirement expense</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>140</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>140</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Provision for employee benefits</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>82</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>91</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>173</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Deferred connection fee</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>85</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(31</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>54</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total deferred tax assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>865</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>115</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>303</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,283</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Deferred tax liabilities:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Difference between accounting and tax property and equipment net book value</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,929</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>348</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,581</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Land rights, intangible assets and others</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(14</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Finance leases</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(33</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(31</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="13%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(64</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total deferred tax liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="11%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,983</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>324</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,659</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net deferred tax liabilities</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,118</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>439</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>303</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(376</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center">F - 84 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">31. TAXATION (continued) </FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">h. &nbsp;&nbsp;&nbsp; Deferred tax assets and liabilities (continued)</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext><FONT style="FONT-SIZE: 10pt" face="Times New Roman">(Charged) </FONT>credited to the</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>consolidated</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> statement of</FONT></FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>December 31,</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> 2011</FONT></FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>comprehensive</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> income</FONT></FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>comprehensive</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> incom</FONT></FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>e&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 8pt" lang=IN color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Realized</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT lang=IN color=windowtext> to</FONT></B> equity</FONT></FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>December 31,</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> 201</FONT></FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telkomsel</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT color=#ffffff></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Deferred tax assets:</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT color=#ffffff></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Provision for impairment of receivables</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>64</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>53</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>117</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=#ffffff></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext><FONT style="FONT-SIZE: 10pt" face="Times New Roman">P</FONT>rovision for employee benefits </FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>277</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>49</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(29</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>297</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=#ffffff></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Recognition of interest under USO arrangements</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(8</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>14</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=#ffffff></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total deferred tax assets</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>333</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>116</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(29</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>420</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Deferred tax liabilities:</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Difference between accounting and tax property</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>and equipment net book value</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,519</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>156</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(2,363</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>License amortization</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(48</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(43</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Finance leases</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(23</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(23</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total deferred tax liabilities</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,567</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>138</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(2,429</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">Net </FONT><FONT style="COLOR: #000000; FONT-SIZE: 10pt">deferred tax liabilities of Telkomsel </FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,234</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>254</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(29</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(2,009</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">Net d</FONT><FONT style="COLOR: #000000; FONT-SIZE: 10pt">eferred tax liabilities of the other subsidiaries </FONT></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(96</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(4</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(100</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total deferred tax liabilities</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(3,448</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>689</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="12%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>274</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(2,485</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>)</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext><STRONG>Net deferred tax assets of other subsidiaries </STRONG></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>75</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>31</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>102</FONT></B></P></TD>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 5pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><SUP><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 5pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of December 31, 2011 and 2012, the aggregate amounts of temporary differences associated with investments in subsidiary and associates, for which deferred tax liabilities have not been recognized, amounted to Rp16,505 billion and Rp20,317 billion, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Realization of the deferred tax assets is dependent upon the Company&#8217;s and subsidiaries&#8217; capability in generating future profitable operations. Although realization is not assured, the Company and subsidiaries believe that it is probable that these deferred tax assets will be realized through reduction of future taxable income when temporary differences reverse. The amount of deferred tax assets is considered realizable, however, it could be reduced if actual future taxable income is lower than estimates.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 1.1pt 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.9pt; MARGIN: 0in 0in 0pt 37.8pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">i. &nbsp;&nbsp;&nbsp;&nbsp; Administration </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">From 2008 to 2011, the Company has been consecutively entitled to income tax rate reduction of 5% for meeting the requirements set forth in the Government Regulation No. 81/2007 in conjunction with the Ministry of Finance Regulation No. 238/PMK.03/2008. On the basis of historical data, for the year 2012, the Company calculated deferred tax using the tax rate of 20%.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=EN-US color=windowtext>The taxation laws of Indonesia require that the Company and subsidiaries submit individual tax returns on the basis of self-assessment. Under prevailing regulations, the DGT may assess or</FONT><FONT style="LINE-HEIGHT: 97%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=EN-US color=windowtext> amend taxes within a certain period. For fiscal years 2007 and earlier, this period is within ten years from the time the tax became due, but not later than 2013, while for fiscal years 2008 and onwards, the period is within five years from the time the tax becomes due.</FONT></P>

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<P style="TEXT-ALIGN: center">F - 85 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B></FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>

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<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. TAXATION </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></B></P></DIV></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.9pt; MARGIN: 0in 0in 0pt 37.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">i. &nbsp;&nbsp;&nbsp;&nbsp; Administration </FONT><FONT style="FONT-SIZE: 10pt" lang=IN 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"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The Minister of Finance of the Republic of Indonesia has issued Regulation No.85/PMK.03/2012 dated June 6, 2012 concerning the appointment of State-Owned Enterprises ("SOEs") to withhold, deposit and report VAT and Sales Tax on Luxury Goods ("PPnBM") according to the procedures outlined in the Regulation. The Regulation is effective from July 1, 2012 and the Company has withheld, deposited and reported the VAT and PPnBM or VAT in accordance with the Regulation.</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"></FONT>&nbsp;</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 years 2003, 2005, 2006, 2007, 2009 and 2010 on the Company. Tax audits have been completed for all other fiscal years, except for fiscal year 2011.</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"></FONT>&nbsp;</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 a certificate of tax audit exemption from the DGT for fiscal year 2007, 2008, 2009 and 2010, which is valid unless the Company files for corporate income tax overpayment, in which case a tax audit will be performed.</FONT></P>

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<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; PENSION BENEFIT AND OTHER POST-EMPLOYMENT BENEFIT OBLIGATIONS</FONT></B></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Notes</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2&nbsp;</FONT></B></P></TD>

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<TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Prepaid pension benefit cost</FONT></B></P></TD>

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<TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Company - funded</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>32a.i.a</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>765</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

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<TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Infomedia</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0</FONT></P></TD>

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<TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Prepaid pension benefit cost</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>765</FONT></B></P></TD>

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<TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Pension benefit cost and other</FONT></B></P></TD>

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<TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>post-employment benefit obligations</FONT></B></P></TD>

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<TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Pension benefit cost provisions</FONT></P></TD>

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<TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Company</FONT></P></TD>

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<TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Funded</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>32a.i.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" align=right><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>810</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></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 0.75in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Unfunded</FONT></P></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 color=windowtext></FONT>&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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>32a.i.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" align=right><FONT color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,668</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 color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,798</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></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 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>32a.ii</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>779</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>806</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></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 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total pension benefit cost 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: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&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; MARGIN: 0in 0in 0pt"><FONT color=windowtext></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><FONT color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,447</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 color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,414</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></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 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Post-employment health care benefit provisions</FONT></P></TD>

   <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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>32b</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,561</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,249</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></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 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Other post-employment benefit 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: center; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&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: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>32c</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>487</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></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 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Obligation under the Labor Law provisions</FONT></P></TD>

   <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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>32d</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>130</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total pension benefit cost and other</FONT></B></P></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 color=windowtext></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; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></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: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></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 color=windowtext></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: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></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 color=windowtext></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: justify; MARGIN: 0in 0in 0pt 0.25in"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>post-employment benefit obligations</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"><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</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"><SUP><FONT color=windowtext></FONT></SUP>&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; MARGIN: 0in 0in 0pt"><SUP><FONT color=windowtext></FONT></SUP>&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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,572</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"><SUP><FONT color=windowtext></FONT></SUP>&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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7,306</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"><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 86 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>32.&nbsp;&nbsp;&nbsp; PENSION BENEFIT AND OTHER POST-EMPLOYMENT BENEFIT OBLIGATIONS (continued)</FONT></B></DIV></DIV>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Notes</FONT></B></P></TD>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">2010</FONT></B></P></TD>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">2011</FONT></B></P></TD>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Net periodic pension benefit cost</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">The Company</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">32a.i.a,32a.i.b</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">554</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">524</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">543</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Telkomsel</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">32a.ii</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">70</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">105</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">172</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Infomedia</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">0</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">0</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">0</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Net periodic pension benefit cost</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">27</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">624</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">629</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">715</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Net periodic post-employment health care benefit cost</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">27,32b</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">238</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <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; HEIGHT: 12.25pt; 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"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">90</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Net periodic other post-employment benefit cost</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">27,32c</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">61</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">53</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" 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; HEIGHT: 12.25pt; 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"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Cost of obligation under the Labor Law</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">32d</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><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; HEIGHT: 12.25pt; 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"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">30</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">35</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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"></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=windowtext face=Arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=windowtext face="times new roman">Amounts recognized in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">OCI&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=windowtext face="times new roman"> are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 97.74%; MARGIN-LEFT: 22.5pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <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"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">Notes</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=IN color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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">2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=IN 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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">2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=IN 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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">2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=IN color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Defined benefit plan actuarial losses (gains)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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 style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Pension benefit cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <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><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> - net </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=windowtext face="Times New Roman">of&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> asset ceiling limitation</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">32a.i.a,32a.i.b</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">119</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">973</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1,488</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><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: 12.25pt; 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=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">32a.ii</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">142</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">260</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(103</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Post-employment health care benefit</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">32b</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">344</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">986</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">1,897</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other post-employment benefit</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">32c</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">53</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">32</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Obligation under the Labor Law</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">32d</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">(8</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=windowtext face="Times New Roman">Sub-total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="Times New Roman">6</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">6</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="Times New Roman">8&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=windowtext face="Times New Roman">2,280</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=windowtext face="Times New Roman">3,306</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></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">Deferred tax effect at the applicable tax rates</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">31h</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">(81</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">(322</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">(275</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Defined benefit plan actuarial losses, net of tax</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="Times New Roman">587</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">1,958</FONT></B></P></TD>

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   <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>

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   <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">3,03</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="Times New Roman">1&nbsp;</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" 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; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 87 </P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt"><B></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT><B></B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT><B></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A><FONT></FONT><FONT></FONT><B></B><B></B><B></B></P><FONT></FONT><B></B>

<P></P><STRONG><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt">32.&nbsp; PENSION BENEFIT AND OTHER POST-EMPLOYMENT BENEFIT OBLIGATIONS (continued)</FONT></FONT></STRONG></DIV></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</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; Pension benefit cost</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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; i. The Company</FONT></P>

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<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 10pt 63pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">a.</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Funded pension plan</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">The Company sponsors a defined benefit pension plan for employees with permanent status prior to July 1, 2002. The pension benefit is paid based on the participating employees&#8217; latest basic salaries 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 March 2003: 8.4%) of their basic salaries to the pension plan. The Company&#8217;s contributions to the pension fund for the years ended December 31, 2010, 2011 and 2012 amounted to Rp485 billion, Rp187 billion, and&nbsp;Rp186 billion, respectively.&nbsp; </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The following table presents the change in projected pension benefit obligations, change in pension plan assets, funded status of the pension plan and net amount recognized in the Company&#8217;s consolidated statements of financial position as of December&nbsp;31</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2011&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, for its defined benefit pension plan:</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">2011</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">2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Changes in projected pension benefit obligations</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Projected pension benefit obligations at beginning of year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">11,924</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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">16,188</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">307</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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">372</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">1,105</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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">1,151</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Pension plan participants&#8217; contributions</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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">44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Actuarial losses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">3,391</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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">2,123</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Expected pension benefits paid</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">(583</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">(629</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">Projected pension benefit obligations at end of year</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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">16,188</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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">19,249</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">Changes in pension benefit plan assets</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Fair value of pension plan assets at beginning of year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">15,098</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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">16,597</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Expected return on pension plan assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">1,441</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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">1,517</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" 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; HEIGHT: 12.25pt; 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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">187</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">186</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">Pension plan participants' contributions</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman">44</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Actuarial gains</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">410</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">507</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=FR color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Expected pension benefits paid</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">(583</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(629</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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 pension plan assets at end of year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">16,597</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">18,222</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">409</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">(1,027</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Unrecognized prior service cost</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">s&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">356</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">217</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">Prepaid (provision for) pension benefit cost</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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">765</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">(810)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center">F - 88 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>32. &nbsp;&nbsp; PENSION BENEFIT AND OTHER POST-EMPLOYMENT BENEFIT OBLIGATIONS (continued)</FONT></B></DIV></DIV>

<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=arial,sans-serif></FONT></B>&nbsp;</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; Pension benefit cost (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; i. The Company (continued)</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-INDENT: -0.25in; MARGIN: 0in 0in 10pt 63pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">a.</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Funded pension plan (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">As of December 31, 2011 and&nbsp; 2012, plan assets consisted of :</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 93.68%; MARGIN-LEFT: 63pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Indonesian equity securities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>22.13%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>21</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>.</FONT><FONT color=windowtext>82%&nbsp;</FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Government bonds</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>39.67%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>37</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>.</FONT><FONT color=windowtext>96%&nbsp;</FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Corporate bonds</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>17.37%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>16</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>.</FONT><FONT color=windowtext>91%&nbsp;</FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>20.83%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>23</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>.</FONT><FONT color=windowtext>31%&nbsp;</FONT></FONT></P></TD>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100.00%</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100.00%</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.8pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.8pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</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">Pension plan assets also include Series B shares issued by the Company with fair value totaling Rp234 billion and Rp223 billion representing 1.41% and 1.23% of total assets as of December 31</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"> 2011 and 2012, respectively, and bonds issued by the Company with fair value totaling Rp156 billion and Rp159 billion representing 0.94% and 0.87% of total assets as of December 31, 2011 and 2012, respectively.</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"></FONT>&nbsp;</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">The expected return is determined based on market expectation for returns over the entire life of the obligation by considering the portfolio mix of the plan assets. 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">2,891 billion</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">1,851 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2,024 for the years ended December 31, 2010, 2011</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and 2012,</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> respectively. The Company expects to contribute Rp179 billion to its defined benefit pension plan during 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3</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 37.8pt"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The movements of the prepaid pension benefit cost during the years ended December&nbsp;31, 2011 and 2012 are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 93.68%; MARGIN-LEFT: 63pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Prepaid pension benefit cost at beginning of year</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,417</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>765</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net periodic pension cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(110</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(145</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Loss recognized via the OCI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,981</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,616</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Asset </FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>c</FONT><FONT color=windowtext>eiling recognized via the OCI</FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,252</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Employer&#8217;s contributions</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>187</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>186</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Prepaid (provision for) pension benefit cost at end of </FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>year&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>765</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(810</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center">F - 89 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>32. &nbsp;&nbsp; PENSION BENEFIT AND OTHER POST-EMPLOYMENT BENEFIT OBLIGATIONS (continued)</FONT></B></DIV></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=arial,sans-serif></FONT></B>&nbsp;</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; Pension benefit cost (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><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;</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; i. The Company (continued)</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"></FONT></B>&nbsp;</P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 10pt 63pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">a.</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Funded pension plan (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The components of net periodic pension benefit cost are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 93.68%; MARGIN-LEFT: 63pt" 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2012</FONT></B></P></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 color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,003</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,105</FONT></P></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 color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,151</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Expected return on pension 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,287</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext><FONT style="FONT-SIZE: 10pt" face="Times New Roman">)</FONT></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,441</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,517</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amortization of prior service 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: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>139</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>139</FONT></P></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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>139</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net periodic pension benefit cost</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 color=windowtext></FONT></B>&nbsp;</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><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>109</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</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><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>110</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 color=windowtext></FONT></B>&nbsp;</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><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>145</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amount 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: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&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; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&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; MARGIN: 0in 0in 0pt"><FONT color=windowtext></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; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&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; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext><FONT style="FONT-SIZE: 10pt" face="Times New Roman">(</FONT>2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext><FONT style="FONT-SIZE: 10pt" face="Times New Roman">)</FONT></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(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: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext><FONT style="FONT-SIZE: 10pt" face="Times New Roman">)</FONT></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(12</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net periodic pension benefit cost - 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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>107</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>108</FONT></B></P></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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>133</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Amounts recognized in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">OCI&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 37.8pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 93.68%; MARGIN-LEFT: 63pt" 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: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 lang=IN color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Cumulative amount 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>528</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,257</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: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Actuarial losses (gains) recognized during the 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 color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(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: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,981</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,616</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Asset ceiling limitation</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>547</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,252</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Cumulative amount at end of 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: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>528</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,257</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,873</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</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">The actuarial valuation for the defined benefit pension plan and the other post-employment benefits was performed based on the measurement date as of December 31, 2010</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2011&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, with reports dated March 15, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">March 7, 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">February </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">8, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2013</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, respectively, by PT Towers Watson Purbajaga (&#8220;TWP&#8221;), 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, 2011</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> are as follows:</FONT></P>

<P style="TEXT-ALIGN: left; TEXT-INDENT: 26.1pt; MARGIN: 0in 0in 0pt 37.7pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 93.68%; MARGIN-LEFT: 63pt" 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: 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=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></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=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" lang=IN color=windowtext face=arial,sans-serif></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=top 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">2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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" lang=IN color=windowtext face=arial,sans-serif></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="67%">

   <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; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</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">7.25%</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=arial,sans-serif></FONT>&nbsp;</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">6.25%</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=arial,sans-serif></FONT>&nbsp;</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 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: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&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: 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: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8.25%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></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="67%">

   <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; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</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">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" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</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">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" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: left; TEXT-INDENT: 26.1pt; MARGIN: 0in 0in 0pt 37.7pt" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 90 </P>

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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_199"></A>

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<a name="_bclHeader199"></a><DIV><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>

<a name="_bclHeader199"></a><P></P><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">

<a name="_bclHeader199"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<a name="_bclHeader199"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<a name="_bclHeader199"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<a name="_bclHeader199"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<a name="_bclHeader199"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B> </DIV>

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<a name="_bclHeader199"></a><DIV><FONT style="FONT-FAMILY: Times New Roman"><FONT style="FONT-SIZE: 10pt"><STRONG>32. PENSION BENEFIT AND OTHER POST-EMPLOYMENT BENEFIT OBLIGATIONS (continued)</STRONG></FONT></FONT></DIV>

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<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; Pension benefit cost (continued)</FONT></B></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;&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></P>

<P style="MARGIN: 0in 0in 10pt 0.5in"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">i. The Company (continued)</FONT></P>

<P style="MARGIN: 0in 0in 10pt 0.5in"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp; a.&nbsp;&nbsp;&nbsp;&nbsp; Funded pension plan (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 37.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Historical information:</FONT></B></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>January 1,</FONT></B> 20</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>10&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>December 31,</FONT></B> 2010</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>December 31,</FONT></B> 2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=DE color=windowtext>December 31,</FONT></B> 2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Present value of funded defined benefit </FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>obligation</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(10,131</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(11,924</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(16,188</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(19,249</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Fair value of plan assets</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>12,300</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>15,098</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>16,597</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>18,222</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

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<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(Deficit) surplus in the plan</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>2,169</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>3,174</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>409</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(1,027</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT color=#ffffff><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">)</FONT></FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Experience adjustments arising on plan liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>(318</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>(314</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>(156</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Experience adjustments arising on plan <FONT style="FONT-SIZE: 10pt" face="Times New Roman">assets</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>(2,028</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%"><FONT style="COLOR: #000000"><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman"><FONT style="COLOR: #000000"><FONT style="FONT-SIZE: 10pt">(1,604</FONT></FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>(410</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(507</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>)</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 70%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 10pt 63pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">b.</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Unfunded pension plan</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">The Company sponsors unfunded defined benefit pension plans and a defined contribution pension plan.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt 47.6pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</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">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 a certain percentage of the participants&#8217; salaries and amounted to Rp4 billion, Rp5 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">5 billion for the years ended December&nbsp;31, 2010</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"> 2011 and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt 47.6pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Since 2007, the Company has provided pension benefits based on uniformulation for both participants prior to and from April 20, 1992 effective for employees retiring beginning February 1, 2009. The change in benefits had increased the Company&#8217;s liabilities by Rp699 billion, which is being amortized over 9.9 years until 2016. In 2010, the Company replaced the uniformulation with &#8220;Manfaat Pensiun Sekaligus&#8221; (&#8220;MPS&#8221;). MPS is given to those employees reaching retirement age, upon death or upon becoming disabled starting from February 1, 2009. The change in benefit had increased the Company&#8217;s liabilities by Rp435 billion, which is being amortized over 8.63 years until 2018. </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"></FONT>&nbsp;</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">The Company also provides benefits to employees during a pre-retirement period in which they are inactive for 6 months prior to their normal retirement age of 56 years, known as pre-retirement benefits (&#8220;Masa Persiapan Pensiun&#8221; or &#8220;MPP&#8221;). 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. Since 2012, the Company has issued a new requirement for MPP that effective for employees retiring beginning April 1, 2012, the employee is required to file a request for MPP and, if the employee does not file the request, he or she is required to work until the retirement date</FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">.&nbsp;</FONT></B></P>

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<P style="TEXT-ALIGN: center">F - 91 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

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<P></P>32.&nbsp; PENSION BENEFIT AND OTHER POST-EMPLOYMENT BENEFIT OBLIGATIONS (continued)</FONT></B></DIV></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</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; Pension benefit cost (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in">&nbsp;</P>

<P style="MARGIN: 0in 0in 10pt 0.5in"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">i. The Company (continued)</FONT></P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 10pt 63pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">b.</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Unfunded pension plan (continued)</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">The following table presents the changes in projected pension benefit obligation pertaining to MPS and MPP for the years ended December 31, 2011 and 2012:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></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="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Changes in projected pension benefit 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"><B><FONT color=windowtext></FONT></B>&nbsp;</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"><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</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"><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Unfunded projected pension benefit 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 color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,096</FONT></P></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 color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,440</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; MARGIN: 0in 0in 0pt"><FONT color=windowtext></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="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>89</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>104</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>173</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Actuarial losses (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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>244</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(128</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Benefits paid by employer</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(183)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(152</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Unfunded projected pension benefit 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,440</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,437</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Unrecognized 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 lang=IN color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>772&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-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(639</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Pension benefit cost provisions 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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,668</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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,798</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">The movements of the pension benefit cost provisions during the years ended December 31, 2011 and 2012, are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 93.68%; MARGIN-LEFT: 63pt" 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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></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 color=windowtext></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="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Pension benefit cost provisions 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,191</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: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,668</FONT></P></TD>

   <TD 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net periodic pension benefit 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: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>416</FONT></P></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 color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>410</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Benefits paid directly by employer</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(183</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(152</FONT></P></TD>

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<TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Loss (gain) recognized via the OCI</FONT></P></TD>

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   <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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(128</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Pension benefit cost provisions at end of year</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,668</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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,798</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 63pt">&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 92 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B></FONT></B></FONT>&nbsp;

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">32.&nbsp; PENSION BENEFIT AND OTHER POST-EMPLOYMENT BENEFIT OBLIGATIONS (continued)</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 4pt" lang=EN-US color=windowtext face=arial,sans-serif>&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><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">a.&nbsp;&nbsp;&nbsp;&nbsp; Pension benefit cost (continued)</FONT></B></P>

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<P style="MARGIN: 0in 0in 10pt 0.5in"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">i. The Company (continued)</FONT></P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 10pt 63pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">b.</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Unfunded pension plan (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 13pt; 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; The components of net periodic pension benefit cost are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2010</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Service costs</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>77</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>89</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>104</FONT></P></TD>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Interest costs</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>197</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>194</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>173</FONT></P></TD>

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<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amortization of prior service costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>173</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>133</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>133</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net periodic pension benefit cost</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>447</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>416</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>410</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT face=Arial></FONT></SUP>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 93.68%; MARGIN-LEFT: 63pt" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=#ffffff><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amount<FONT style="FONT-SIZE: 10pt" face="Times New Roman">s</FONT> recognized in OCI are as follows:</FONT></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=IN color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=#ffffff></FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><I><FONT color=windowtext></FONT></I></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Cumulative amount at beginning of year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>414</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>475</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>719</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Actuarial (gains) losses recognized during the year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>61</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>244</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(128</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Cumulative amount at end of year</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>475</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>719</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>591</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</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: 1pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></I></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 13pt; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Historical information :</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 13pt; MARGIN: 0in 0in 0pt 0.5in"><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: 93.68%; MARGIN-LEFT: 63pt" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=IN color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>January 1,</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> 20</FONT></FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>December 31,</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> 2010</FONT></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>December 31, </FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">2011</FONT></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>December 31,</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"> 2012</FONT></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Present value of unfunded defined benefit obligation</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(1,622</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(2,096</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(2,440</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,437</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Fair value of plan assets</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Deficit</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext> in the plan</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(1,622</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(2,096</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></B></FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(2,440</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,437</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="36%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Experience adjustments arising on plan liabilities</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>309</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; BORDER-TOP: windowtext 2pt double; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>23</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(30</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(72</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 10pt 0.5in"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">ii. &nbsp;&nbsp;&nbsp;&nbsp; Telkomsel</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.6pt"><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;), 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 have been fully made by Telkomsel.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.6pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.6pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Telkomsel's contributions to Jiwasraya amounted to Rp40 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Rp2 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">45 billion for the years ended December 31, 2010</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2011&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> 2012, respectively.</FONT></P>

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<P style="TEXT-ALIGN: center">F - 93 </P>

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<P></P><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face=Arial,sans-serif><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>32.&nbsp;&nbsp;&nbsp; PENSION BENEFIT AND OTHER POST-EMPLOYMENT BENEFIT OBLIGATIONS (continued)</FONT></B></DIV></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt 37.1pt"><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">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; a.&nbsp;&nbsp;&nbsp;&nbsp; Pension benefit cost (continued)</FONT></B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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"></FONT></I></B>&nbsp;</P>

<P style="MARGIN: 0in 0in 10pt 0.5in"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">ii. &nbsp;&nbsp;&nbsp;&nbsp; Telkomsel (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.6pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The following table presents the changes in the projected pension benefit obligation for the year</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> ended December 31, 2011</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and 2012</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"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

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   <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 color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Changes in projected pension benefit 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: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</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: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&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; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</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: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&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; MARGIN: 0in 0in 0pt" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Projected benefits obligation</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,237</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 color=windowtext></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="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>59</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>83</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>452</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>37</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(4</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(5</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,237</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,472</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>246</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>458</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>22</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>31</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>42</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Actuarial 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: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>192</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>140</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(4</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(5</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Fair value of 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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>458</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>666</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(779</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(806</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Pension benefit cost provisions</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; 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 color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(779</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(806</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.6pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The movements of the pension benefit cost provisions during the years ended December&nbsp;31, 2011 and 2012 are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 54.6pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; 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="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></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; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></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="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Pension benefit cost provisions 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(416</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(779</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net periodic pension benefit 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: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&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: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(105</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(172</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Employer 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 color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>42</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Gain (loss) recognized via the OCI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(260</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>103</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></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="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Pension benefit cost provisions at end of year</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(779</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(806</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center">F - 94 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>32.&nbsp; PENSION BENEFIT AND OTHER POST-EMPLOYMENT BENEFIT OBLIGATIONS (continued)</FONT></B></DIV></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.7pt; MARGIN: 0in 0in 0pt 37.1pt"><FONT style="FONT-SIZE: 9pt" 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">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; a.&nbsp;&nbsp;&nbsp;&nbsp; Pension benefit cost (continued)</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;&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"><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">ii. &nbsp;&nbsp;&nbsp; Telkomsel</FONT><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> </FONT></I><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63.8pt"><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 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The components of the net periodic pension benefit cost are as follows:</FONT></P>

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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"></FONT>&nbsp;</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="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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>

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   <P style="MARGIN: 0in 0in 0pt" align=left><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">2011</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

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   <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">2012</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></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">Service costs</FONT></P></TD>

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   <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; HEIGHT: 12.25pt; 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">44</FONT></P></TD>

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   <P style="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; HEIGHT: 12.25pt; 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">67</FONT></P></TD>

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   <P style="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; HEIGHT: 12.25pt; 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">120</FONT></P></TD>

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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">Interest costs</FONT></P></TD>

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   <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; HEIGHT: 12.25pt; 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">42</FONT></P></TD>

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   <P style="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; HEIGHT: 12.25pt; 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">59</FONT></P></TD>

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   <P style="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; HEIGHT: 12.25pt; 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">83</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></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">Expected return on plan assets</FONT></P></TD>

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   <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>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(16</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD>

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   <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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(31</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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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">Amortization of past service costs</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0</FONT></P></TD>

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   <P style="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; HEIGHT: 12.25pt; 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</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

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   <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>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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 periodic pension benefit cost</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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">70</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">105</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">172</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" 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: justify; MARGIN: 0in 0in 0pt 0.75in"><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 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Amounts recognized in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">OCI&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 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=IN 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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">2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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=IN 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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">2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">Cumulative amount at beginning of year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">132</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">274</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">534</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">Actuarial losses (gains) recognized during the year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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"></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <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</FONT><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">42&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">260</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">(103</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">Cumulative amount at end of year</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <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"></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <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">2</FONT></B><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">74&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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">534</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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">431</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 26.95pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</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 benefit cost for the pension plan was calculated based on the&nbsp;measurement date as of December 31, 2011 and 2012, with reports dated February 24, 2012 and February 12, 2013, 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, 2011 and 2012 for each of the years, are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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=IN color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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">2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">Discount rate</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">6.75%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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 long-term return on plan assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">6.75%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">Rate of compensation increases</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">8%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">6.5%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</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=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif>&nbsp;<FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=EN-US color=windowtext>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Historical information</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=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; 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="35%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT lang=IN color=windowtext></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" align=left><B><FONT lang=IN color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>January 1,</FONT></B> 20</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10&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" align=center><B><FONT lang=IN color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>December 31,</FONT></B> 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 lang=IN color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>December 31,</FONT></B> 2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT lang=IN color=windowtext></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=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>December 31,</FONT></B> 2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Present value of funded defined benefit obligation</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(399</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(663</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(1,237</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,472</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Fair value of plan assets</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>154</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>246</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.25in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>458</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>666</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Deficit</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext> in the plan</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(245</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(417</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(779</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(806)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</P></TD></TR>

<TR>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Experience adjustments arising on plan liabilities</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(17</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>9</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Experience adjustments arising on plan assets</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(49</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(192</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(140</FONT></P></TD>

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<P style="TEXT-ALIGN: center">F - 95 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B></FONT></B></FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>

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<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; PENSION BENEFIT AND OTHER POST-EMPLOYMENT BENEFIT OBLIGATIONS (continued)</FONT></B></P></DIV></DIV>

<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"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">b</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">. &nbsp;&nbsp;&nbsp; Post-</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">employment&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> health care benefit</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> provisions</FONT></B></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"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><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">The Company provides post-employment health care benefits 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 are no longer entitled to this plan. The plan is managed by Yayasan Kesehatan.</FONT></P>

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<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 defined contribution post-employment health care benefit 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 at the time of retirement. The Company&#8217;s contribution amounted to Rp20 billion</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"> Rp19 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">18 billion for the years ended December 31, 2010</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2011&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, respectively.</FONT></P>

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<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 following table presents the changes in the projected post-employment health care benefit obligation, change in plan assets, funded status of the post-employment health care benefit plan and net amount recognized in the Company&#8217;s consolidated statements of financial position as of December 31</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2011 and</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Changes in projected post-employment health care benefit provisions</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Projected post-employment health care benefit obligations at beginning of year</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8,741</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10,547</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Interest costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>818</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>755</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Actuarial losses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,208</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,074</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Expected post-employment health care benefits paid</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(263</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(270</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Projected post-employment health care benefit provisions at end of year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10,547</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>13,162</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Changes in post-employment health care plan assets</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8,005</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8,986</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Expected return on plan assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>662</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>720</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Employer&#8217;s contributions</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>361</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>300</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Actuarial gains</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>222</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>177</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Expected post-employment health care benefits paid</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(264</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(270</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Fair value of plan assets at end of year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8,986</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>9,913</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Funded status</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,561</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(3,249</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Post-employment health care benefit provisions</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,561</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(3,249</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 96 </P>

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<P style="BORDER-BOTTOM: medium none; TEXT-ALIGN: center; 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" align=center><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT><B></B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT><B></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A>

<P></P></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">32.&nbsp; PENSION BENEFIT AND OTHER POST-EMPLOYMENT BENEFIT OBLIGATIONS (continued)</FONT></B></P></DIV>

<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"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">b</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">. &nbsp;&nbsp;&nbsp; Post-</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">employment&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> health care benefit</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> provisions </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">(continued)&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"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">As of December 31, 2011 and 2012, plan assets consisted of :</FONT></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=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Mutual funds</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>84.64%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>81.00%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Time deposits</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8.38%</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10.72%</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Indonesian equity securities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6.79%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7.61%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.19%</FONT></P></TD>

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   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.67%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total assets</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100.00%</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100.00%</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</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=arial,sans-serif></FONT>&nbsp;</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">Yakes plan assets also include Series B shares issued by the Company with fair value totaling Rp24 billion and Rp35 billion representing 0.27%</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">0.35</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"> of total assets as of&nbsp; December 31, 2011 and </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2012,&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> respectively.</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"></FONT>&nbsp;</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 expected return is determined based on market expectation for returns over the entire life of the obligation by considering the portfolio mix of the plan assets. The actual return on plan assets was Rp1,280 billion</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"> Rp884 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">897 billion for the years ended December 31, 2010</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"> 2011</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, respectively. The Company expects to contribute Rp300 billion to its post-employment health care plan during 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3</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 0.25in"><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 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The components of net periodic post-employment health care benefit cost for the years ended December 31, 2010, 2011 and 2012 are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Service costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>84</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>43</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>56</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Interest costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>744</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>818</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>755</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Expected return on plan assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(589</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(662</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(720</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net periodic post-employment health care benefit cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>239</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>199</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>91</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amounts charged to subsidiaries under contractual agreements</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(0</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net periodic post-employment health care benefit cost</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>238</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>199</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>90</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 14.75pt; MARGIN: 0in 0in 0pt 21.25pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 14.75pt; MARGIN: 0in 0in 0pt 21.25pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Amounts recognized in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">OCI&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; TEXT-INDENT: 14.75pt; MARGIN: 0in 0in 0pt 21.25pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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=IN color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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">2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=IN color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">Cumulative amount at beginning of year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">60</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">404</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">1,390</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">Actuarial losses recognized during the year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">344</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">986</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">1,897</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">Cumulative amount at end of year</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">404</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">1,390</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">3,287</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center">F - 97 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>32.&nbsp; PENSION BENEFIT AND OTHER POST-EMPLOYMENT BENEFIT OBLIGATIONS (continued)</FONT></B></DIV></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">b</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">. &nbsp;&nbsp;&nbsp; Post-</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">employment&nbsp;</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> health care benefit</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> provisions </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">(continued)&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><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 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The actuarial valuation for the post-employment health care benefits was performed based on the measurement date as of December 31, 2010, 2011 and 2012, with reports dated March 15, 2011, March 7, 2012 and February 28, 2013, respectively, by TWP, an independent actuary in association with TW. The principal actuarial assumptions used by the independent actuary as of December 31, 2010, 2011</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;are&nbsp;as&nbsp;follows:&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"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>Discount rate</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>9.50%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>7.25%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>6.25%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>Expected long-term return on plan assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>8.21%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>8.00%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>7.50%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>Health care costs trend rate assumed for next year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>8.00%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>7.00%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>7.00%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>Ultimate health care costs trend rate</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>8.00%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>7.00%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>7.00%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>Year that the rate reaches the ultimate trend rate</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>2011</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>2012</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</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 movements of the projected post-employment health care benefit obligation for the years ended December 31, 2011 and 2012, are as follows:</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>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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">2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">Changes in projected post-employment health care benefit</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> obligation</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Defined benefit liability at end of prior fiscal year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">736</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,561</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Net periodic pension cost</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">199</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">91</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Employer contributions</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(361</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">(300</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">Loss recognized via the OCI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">987</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=#000000 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=black face="Times New Roman">1,897</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=#000000 face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">Post-employment health care benefit provisions</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=black face="Times New Roman">1,561</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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=black face="Times New Roman">3,249</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</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">1% change in assumed future health care costs trend rates would have the following effects:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=#ffffff><STRONG><FONT style="COLOR: #000000; FONT-SIZE: 10pt">1% point increase</FONT></STRONG></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"><STRONG>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>&nbsp;</P></STRONG></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><STRONG><FONT style="FONT-FAMILY: 'times new roman'; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>1% point</FONT><FONT style="FONT-FAMILY: 'times new roman'; COLOR: #000000; FONT-SIZE: 10pt"> decrease&nbsp;</FONT></STRONG></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>Service costs and interest costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>342</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>(256</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>Accumulated post-employment health care benefits obligation</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>2,615</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>(2,085</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>)</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=arial,sans-serif></FONT></B>&nbsp;</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=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Historical information:</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=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>January 1,</FONT></B> 20</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: 'times new roman'"></FONT></FONT><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>10&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>December 31, </FONT></B>2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>December 31,</FONT></B> 2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>December 31,</FONT></B> 2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>Present value of funded defined benefit obligation</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>(7,166</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>(8,741</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>(10,547</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>(13,162</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>Fair value of plan assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>6,022</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>8,005</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>8,986</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>9,913</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>Deficit</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: 'times new roman'"></FONT></FONT><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext> in the plan</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>(1,144</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>(736</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>(1,561</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>(3,249</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>Experience adjustments arising on plan liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>(722</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>(231</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>(64</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>74</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>Experience adjustments arising on plan assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>(756</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>(691</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>(222</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>(177</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: 'times new roman'; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>&nbsp;</P>

<P style="TEXT-ALIGN: center">F - 98 </P></DIV>

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<a name="_bclHeader207"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

<a name="_bclHeader207"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<a name="_bclHeader207"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<a name="_bclHeader207"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<a name="_bclHeader207"></a><P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

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<a name="_bclHeader207"></a><DIV></DIV></FONT></FONT></B></FONT></B>&nbsp;</DIV>

<a name="_bclHeader207"></a><DIV><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><STRONG>32.&nbsp; PENSION BENEFIT AND OTHER POST-EMPLOYMENT BENEFIT OBLIGATIONS (continued) </STRONG></FONT></DIV>

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<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; Other post-employment benefits provisions</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"></FONT></I></B>&nbsp;</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-employment benefit in the form of cash paid to employees on their retirement or termination with certain requirement. These benefits consist of final housing facility (&#8220;Biaya Fasilitas Perumahan Terakhir&#8221; or BFPT) and home leave passage (&#8220;Biaya Perjalanan Pensiun dan Purnabhakti&#8221; or BPP). </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"></FONT>&nbsp;</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 changes in the projected other post-employment benefit obligation for the years ended December 31, 2011</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and 2012</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 0.5in"><B><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Changes in projected other post-employment benefit</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext> obligation</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Unfunded projected benefits obligation at beginning of year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>409</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>462</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Service costs</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>9</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Interest costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>37</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>32</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Actuarial losses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>40</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>32</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Benefits paid by employer</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(33</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(28</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Unfunded projected benefits obligation at end of year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>462</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>508</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Unrecognized prior service costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(28</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total other post-employment benefit provisions at end of year</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>434</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>487</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 4pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 4pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</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-employment benefit cost for the years ended December 31, 2010</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2011&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and 2012</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 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Service costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>18</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>9</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Interest costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>36</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>37</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>32</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amortization of past service costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net periodic other post-employment benefit cost</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>61</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>53</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>49</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center">F - 99 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>32.&nbsp; PENSION BENEFIT AND OTHER POST-EMPLOYMENT BENEFIT OBLIGATIONS (continued)</FONT></B></DIV></DIV>

<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"></FONT></B>&nbsp;</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; Other post-employment benefits provisions (continued)</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"></FONT></B>&nbsp;</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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Amounts recognized in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">OCI&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; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Cumulative amount at beginning of year</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(23</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>30</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>70</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Acturial losses recognized during the year</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>53</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>40</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>32</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Cumulative amount at end of year</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>30</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>70</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>102</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</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=arial,sans-serif></FONT></B>&nbsp;</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=arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Historical information:</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"></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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" lang=IN 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">January 1,</FONT></B> 20</FONT></B><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">10&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">December 31,</FONT></B> 2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">December 31,</FONT></B>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">December 31,</FONT></B> 2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Present value of unfunded defined benefit obligation</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">(336</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" 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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">(409</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" 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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">(462</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" 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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">(508</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Fair value of plan assets</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">-</FONT></P></TD>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

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   <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>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Deficit</FONT></B><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"> in the plan</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">(336</FONT></B></P></TD>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">(409</FONT></B></P></TD>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">(462</FONT></B></P></TD>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">(508</FONT></B></P></TD>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">)</FONT></B></P></TD></TR>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">Experience adjustments arising on plan liabilities</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">(1</FONT></P></TD>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">)</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">11</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">(13</FONT></P></TD>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">)</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="times new roman">5</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><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"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">d.&nbsp;&nbsp;&nbsp;&nbsp; Obligation under the Labor Law provisions</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"></FONT>&nbsp;</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 Year 2003 concerning labor regulation, the Company and subsidiaries are required to provide a minimum pension benefits, if not covered yet by the sponsored pension plans, to their employees upon retirement age. The total related obligation recognized as of December 31,</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> 2011</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> and 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> amounted to Rp130 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">156 billion, respectively. The related employee benefits cost charged to expense amounted to Rp23 billion</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"> Rp30 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">35 billion for the years ended December 31, 2010</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2011&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, respectively. The actuarial losses and (gains) recognized in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">OCI&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> amounted to Rp10 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Rp21 billion </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=windowtext face="Times New Roman">(</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">8 billion) for the year</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> ended December 31, 2010</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2011&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, respectively.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face=arial,sans-serif></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; LSA</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 9pt" 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=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 </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">certain number of years of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">employment, or at the time of termination. LSL are either certain number of days leave benefit or cash</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> benefit</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">, subject to approval by management, provided to employees who met the requisite number of years of service and certain minimum age.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 45pt"><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 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</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">287 b</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">illion and Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">347 billion</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> as of</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">December 31, 2011 and 2012, respectively</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">.&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> The related benefits costs charged to expense amounted to Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">78 b</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">illion, Rp96 billion and Rp</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">121 billion </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">for the year</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> ended December 31, 2010, 2011 and 2012, respectively (Note&nbsp;2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">7</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">)</FONT><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 0.25in"><FONT style="FONT-SIZE: 9pt" lang=IN color=white face=Arial,sans-serif>. </FONT></P></DIV>

<P style="TEXT-ALIGN: center">F - 100 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>34.&nbsp; RELATED PARTY TRANSACTIONS </FONT></B></DIV></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"></FONT></B>&nbsp;</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">In the normal course of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">their </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">business, the Company and subsidiaries entered into transactions with related parties. It is the Company&#8217;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"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif></FONT>&nbsp;</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">Nature of relationships and accounts/transactions with related parties</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: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Details of the nature of relationships and accounts/transactions with significant related parties are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Related parties</FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Nature of relationships</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext> with related parties</FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Nature of transactions/accounts</FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Government:</FONT></P>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Minister of Finance</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Majority stockholder</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Finance costs</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext> and </FONT><FONT color=windowtext>investment in financial instruments</FONT></FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Government Agencies</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Network revenues and operating expenses</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>MoCI</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Concession fees, radio frequency usage charge, USO charges and telecommunication service revenue</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>State-owned enterprises</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Operating expenses, purchase of property</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT color=windowtext> </FONT><FONT color=windowtext>and equipment, construction and installation services, insurance expense, finance costs, finance income, investment in financial instruments</FONT></FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Indosat</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Interconnection revenues, interconnection expenses, telecommunications facilities usage, operating and maintenance cost, leased lines revenue, satellite transponders</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext> usage revenues</FONT><FONT color=windowtext>, </FONT><FONT lang=IN color=windowtext>usage of data communication network system expenses</FONT><FONT color=windowtext> and lease revenues</FONT></FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Aplikanusa Lintasarta(&#8220;Lintasarta&#8221;)</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Network revenues, usage of data communication network system expenses and leased lines expenses</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Indosat Mega Media</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Network revenues</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Sistelindo Mitralintas</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Network revenues</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>CSM</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Associated company</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Satellite transponders usage revenues,</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext> leased lines revenues, transmission lease expenses</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Patrakom</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Associated company</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Satellite transponders</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext> usage revenues</FONT><FONT color=windowtext>, leased lines revenues, transmission lease expenses</FONT></FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PSN</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Associated company</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Satellite transponders</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext> usage revenues</FONT><FONT color=windowtext>, leased lines revenues, transmission lease expenses, interconnection revenues and interconnection expense</FONT></FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT&nbsp;Industri Telekomunikasi Indonesia (&#8220;INTI&#8221;)</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Purchase of property and equipment</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Asuransi Jasa Indonesia(&#8220;Jasindo&#8221;)</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Insurance of property and equipment</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Jaminan Sosial Tenaga Kerja(&#8220;Jamsostek&#8221;)</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Insurance expenses for employees</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Perusahaan Listrik Negara(Persero) (&#8220;PLN&#8221;)</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Electricity expenses</FONT></P></TD></TR>

<TR style="HEIGHT: 11.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 11.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Pos Indonesia</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 11.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 11.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Cost of SIM cards </FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>State-owned banks</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Finance income and finance costs</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>BNI</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Finance income and finance costs</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Bank Mandiri</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Finance income and finance costs</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt">&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 101 </P>

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<P></P><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face=Arial,sans-serif><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>34.&nbsp; RELATED PARTY TRANSACTIONS </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></B></DIV></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 27pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</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">Nature of relationships and transactions/accounts with related parties (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="times new roman"></FONT>&nbsp;</P>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Related parties</FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Nature of relationships</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext> with related parties</FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Nature of transactions/accounts</FONT></B></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>BRI</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Finance income and finance costs</FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Bank Jabar</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Finance income and finance costs</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>BTN</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Finance income and finance costs</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Bahana</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Available-for-sale financial assets, bonds and notes</FONT></P></TD></TR>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Koperasi Pegawai Telkom(&#8220;Kopegtel&#8221;)</FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under significant influence</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Purchase of property and equipment, construction and installation services, leases of buildings, leases of vehicles, purchases of materials and construction services, utilization of maintenance and cleaning services and RSA revenues</FONT></P></TD></TR>

<TR style="HEIGHT: 23.85pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 23.85pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Sandhy Putra Makmur (&#8220;SPM&#8221;)</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 23.85pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under significant influence</FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 23.85pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Leases of buildings, leases of vehicles, purchases of materials and construction services, utilities maintenance and cleaning services</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Koperasi Pegawai Telkomsel (&#8220;Kisel&#8221;)</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under significant influence </FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Leases of vehicle, printing and distribution of customer bills, collection fee and other services fee, distribution of SIM cards and pulse reload vouchers</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Graha Informatika Nusantara (&#8220;Gratika&#8221;)</FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under significant influence</FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Leased lines revenues, purchase of property and equipment, installation and maintenance expense</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="28%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Directors and commissioners</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Key management personnel </FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></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="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Honorarium and facilities</FONT></P></TD></TR>

<TR>

   <TD vAlign=top width="28%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Yakes </FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Entity under common control</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Medical expenses</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: left; TEXT-INDENT: 45pt; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</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; Transactions with related parties</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"></FONT>&nbsp;</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;&nbsp;&nbsp; The following are significant 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=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="21%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="21%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="21%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>% of</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext>total</FONT></B></P></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>revenues</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>% of</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext>total</FONT></B></P></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>revenues</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>% of</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext>total</FONT></B></P></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>revenues</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>REVENUES</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Indosat</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>965</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.41</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>857</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.20</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,033</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.34</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Government agencies</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>242</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.35</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>415</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.58</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>237</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.31</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Lintasarta</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>103</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.15</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>93</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.13</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>85</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.11</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sub-total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,310</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.91</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,365</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.91</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,355</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.76</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under significant influence </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Kisel</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,155</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3.14</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,347</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3.29</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,351</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3.05</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Associated companies </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Patrakom</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>66</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.10</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>67</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.09</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>80</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.10</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>CSM</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>77</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.11</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>57</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.08</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>47</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.06</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sub-total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>143</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>124</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.17</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>127</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.16</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>30</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.04</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>30</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.04</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>30</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.04</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,638</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5.3</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,866</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5.41</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,863</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5.01</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center">F - 102 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>34.&nbsp; RELATED PARTY TRANSACTIONS </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></B></DIV></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P>

<P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 10pt 0.5in"><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">b.</FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Transactions with related parties (continued)</FONT></B></P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="21%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="21%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="21%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>% of </FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT color=windowtext>total </FONT></B></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>expenses</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>% of </FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT color=windowtext>total </FONT></B></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>expenses</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>% of </FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT color=windowtext>total </FONT></B></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>expenses</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>EXPENSES</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>MoCI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,153</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8.96</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,165</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8.31</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,539</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>12.63</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Indosat</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>910</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.96</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>814</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.62</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,004</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.94</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PLN</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,623</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3.50</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,243</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2.48</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>660</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.28</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Jasindo</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>359</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.77</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>401</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.80</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>370</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.71</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Yakes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>136</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.29</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>121</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.24</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>150</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.29</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Pos Indonesia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>29</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.06</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>54</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.11</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>51</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.10</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Jamsostek</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>31</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.07</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>33</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.07</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>36</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.07</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sub-total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7,241</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>15.61</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,831</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>13.63</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8,810</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>17.02</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under significant</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>influence</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Kisel</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>634</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.37</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>745</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.49</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>825</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.59</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Kopegtel</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>936</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2.02</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>956</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.91</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>817</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.58</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>SPM</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>182</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.39</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>91</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.18</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>25</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.05</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sub-total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,752</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3.78</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,792</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3.58</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,667</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,22</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Associated companies</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PSN</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>181</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.39</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>170</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.34</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>165</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.3</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>CSM</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>121</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.26</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>107</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.19</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Patrakom</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>74</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.16</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>77</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.15</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>73</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.14</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sub-total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>376</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.81</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>354</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.70</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>338</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.6</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>5&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others (each below Rp 30 billion)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>72</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.16</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>47</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.09</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>36</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.0</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>7&nbsp;</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>9,441</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>20.36</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>9,024</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>18.00</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10,851</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>20.</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>96&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="21%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="21%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="21%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>% of </FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT color=windowtext>total </FONT></B><B><FONT color=windowtext>finance </FONT></B></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>income</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>% of </FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT color=windowtext>total </FONT></B><B><FONT color=windowtext>finance </FONT></B></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>income</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>% of </FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT color=windowtext>total </FONT></B><B><FONT color=windowtext>finance </FONT></B></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>income</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Finance income</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Majority stockholder </FONT></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Government</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>32</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7.08</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>74</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>11.94</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>13</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2.18</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">Entity under common control </FONT></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0pt; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">State-owned banks</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>233</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>51.55</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>320</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>51.61</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>366</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>61.41</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>265</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>58.63</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>394</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>63.55</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>379</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>63.59</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="21%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">2010</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="21%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="21%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="COLOR: #000000"></FONT></FONT><B><FONT style="COLOR: #000000; FONT-SIZE: 10pt" lang=IN face="Times New Roman">2&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">% of </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">total finance costs</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%" align=center><B><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">

   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">% of </FONT></B></P>

   <P style="MARGIN: 0in 0in 0pt" align=center></P></FONT></B><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">total finance costs</FONT></B></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%" align=center><B><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">

   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">% of </FONT></B></P>

   <P style="MARGIN: 0in 0in 0pt" align=center></P></FONT></B><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">total finance costs</FONT></B></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">Finance costs</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman"></FONT></P><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">Majority stockholder </FONT></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">The Government</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">163</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">8.45</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">169</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">10.17</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">82</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">3.99</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman"></FONT></P><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">Entity under common control</FONT></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT></P></TD>

   <TD vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman"></FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">State-owned banks</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">938</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">48.65</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">621</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">37.36</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">424</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">20.63</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">1,101</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">57.10</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">790</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">47.53</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">506</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="COLOR: #000000; FONT-SIZE: 10pt" face="Times New Roman">24.62</FONT></B></P></TD>

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<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=left>F - 103 </P>

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<a name="_bclHeader212"></a><DIV><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"><STRONG></STRONG></FONT>&nbsp;</DIV></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B></P><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face=Arial,sans-serif><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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; PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">34.&nbsp; RELATED PARTY TRANSACTIONS (continued) </FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.&nbsp;&nbsp;&nbsp;&nbsp; Transactions with related parties (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><SUP><FONT style="FONT-SIZE: 10pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2010</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amount</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>% of </FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT color=windowtext>total </FONT></B></FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT color=windowtext>fixed assets purchased</FONT></B></FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amount</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>% of </FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT color=windowtext>total</FONT></B></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>fixed assets purchased</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amount</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>% of </FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT color=windowtext>total</FONT></B></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>fixed assets purchased</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PURCHASE OF PROPERTY AND </FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>EQUIPMENT</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT lang=IN color=windowtext>(Note 1</FONT></B><B><FONT color=windowtext>1</FONT></B></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>State-owned enterprises</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>140</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.12</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>116</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.79</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>98</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.57</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under significant influence </FONT></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=#ffffff></FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Kopegtel</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>127</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.02</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>183</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.25</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>237</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.37</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others (each below Rp30 billion)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>36</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.29</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>23</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.15</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>47</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.27</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>303</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2.43</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>322</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2.19</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>382</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2.21</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=left><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><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; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt; PADDING-LEFT: 0%; PADDING-RIGHT: 0%"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%" align=left>

<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>% of total assets</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>% of total assets</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>a.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Cash and cash equivalents (Note 4)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7,848</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7.64</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>9,170</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8.32</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>b.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Other current financial assets (Note 5)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>314</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.31</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,908</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.73</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>c.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Trade and other receivables (Note 6)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,042</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.01</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,384</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.26</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>d.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Advances and prepaid expenses (Note 8) </FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entities under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>MoCI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,206</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2.15</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,588</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2.35</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others (each below Rp30 billion)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>27</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.03</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>18</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.02</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,233</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2.18</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,606</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2.37</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>e.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Advances and other non-current assets (Note 12)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entities under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%"></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%"></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%"></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Bank Mandiri</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>13</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>0.01</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>BNI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>92</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.09</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.00</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.00</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.00</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>97</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.09</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>14</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.01</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center">F - 104 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

<P></P></FONT></B>

<P></P>34.&nbsp; RELATED PARTY TRANSACTIONS </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></B></DIV></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><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"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.&nbsp;&nbsp;&nbsp;&nbsp; Transactions with related parties (continued)</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"></FONT></SUP>&nbsp;</P>

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<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%" colSpan=3>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amount</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>% of</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext> total</FONT></B> liabilities</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amount</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>% of</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext> total</FONT></B> liabilities</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>f.</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Trade payables (Note 14)</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext> &nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entity under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>MoCI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>409</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.94</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>609</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.26</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.5in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>INTI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>66</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.15</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>197</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.41</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Yakes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>35</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.08</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>39</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.08</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Indosat</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>52</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.12</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>31</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.06</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>State-owned enterprises</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>41</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.09</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.01</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Sub-total</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>603</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.38</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>879</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.82</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=#ffffff></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">Entity under significant influence</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Kopegtel</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="15%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>92</FONT></P></FONT></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right></P></TD>

   <TD vAlign=top width="15%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>0.21</FONT></P></FONT></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right></P></TD>

   <TD vAlign=top width="15%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>115</FONT></P></FONT></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right></P></TD>

   <TD vAlign=top width="15%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>0.24</FONT></P></FONT></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others (each below Rp30 billion)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>143</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.33</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>47</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.09</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>838</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.92</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,041</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2.15</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>g.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Accrued expenses (Note 15)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Majority stockholder </FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">The Government</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="15%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>22</FONT></P></FONT></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="15%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.05</FONT></P></FONT></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="15%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>17</FONT></P></FONT></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="15%"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.04</FONT></P></FONT></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=#ffffff></FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">Entities under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">State-owned banks</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>50</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.11</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>72</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.15</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>72</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.16</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>89</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>0.</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>19&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>h.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Advances from customers an</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"><B><FONT lang=IN color=windowtext>d </FONT></B></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>suppliers&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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<TR>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=#ffffff></FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Majority stockholder</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=#ffffff></FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=#ffffff></FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Government</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>151</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.35</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>64</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.13</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>i.</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Short-term bank loans (Note 17)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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<TR>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=#ffffff></FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Entity under common control</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=#ffffff></FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></B></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=#ffffff></FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=#ffffff></FONT></B></P></TD>

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   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=#ffffff></FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></B></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>State-owned bank</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.02</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.01</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>j.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Two-step loans (Note 18a)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=#ffffff></FONT></P></TD>

   <TD vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt">Majority stockholder</FONT></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></B></P></TD>

   <TD vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=#ffffff></FONT></B></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0.25in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Government</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,284</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5.23</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1.987</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4.12</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; 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 color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>k.</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Bonds and notes (Note 18b)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=#ffffff></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">Entity under common control </FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT color=#ffffff></FONT></SUP></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></B></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><SUP><FONT color=#ffffff></FONT></SUP></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></B></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><SUP><FONT color=#ffffff></FONT></SUP></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></B></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><SUP><FONT color=#ffffff></FONT></SUP></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT></B></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT color=#ffffff></FONT></SUP></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=#ffffff></FONT>&nbsp;</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; TEXT-INDENT: 0.25in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">Bahana</FONT></P></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 color=windowtext></FONT></SUP>&nbsp;</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" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>107</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 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><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</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" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.24</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 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><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</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" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 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><SUP><FONT color=windowtext></FONT></SUP>&nbsp;</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" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.02</FONT></B></P></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 color=windowtext></FONT></SUP>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>l.</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Long-term bank loans (Note 18c)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Entities under common control</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>BNI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,273</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5.20</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,349</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4.87</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>BRI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>2,131</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>4.88</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>4,630</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>9.61</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>Bank Mandiri</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>2,111</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>4.83</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>1,417</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>2.94</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>Bank Jabar</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>350</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>0.80</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>175</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>0.36</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT lang=SV color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT lang=SV color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="34%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT lang=SV color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<P></P>34.&nbsp; RELATED PARTY TRANSACTIONS </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></B></DIV></DIV>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">c</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">. &nbsp;&nbsp;&nbsp; Significant agreements with related parties</FONT></B></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -15pt; MARGIN: 0in 0in 0pt 50pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">i.&nbsp;&nbsp;&nbsp;&nbsp; The Government</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -15pt; MARGIN: 0in 0in 0pt 50pt"><FONT style="FONT-SIZE: 8pt" 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 obtained two-step loans from the Government (Note 18a). </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.45pt; MARGIN: 0in 0in 0pt 49.65pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.45pt; MARGIN: 0in 0in 0pt 49.65pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;The Company and&nbsp; subsidiaries pay the MoCI concession fees for telecommunications services provided and radio frequency usage charges. Telkomsel paid an up-front fee for the 3G license amounting to Rp756 billion.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.45pt; MARGIN: 0in 0in 0pt 49.65pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;Starting 2005, the Company and its subsidiaries pay USO charges to the MoCI pursuant to MoCI Regulation No.15/Per/M.KOMINFO/9/2005 dated September 30, 2005.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -15pt; MARGIN: 0in 0in 0pt 50pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">ii.&nbsp;&nbsp;&nbsp; Indosat</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -15pt; MARGIN: 0in 0in 0pt 50pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company has an agreement with Indosat for the provision of international telecommunications services to the public.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -15pt; MARGIN: 0in 0in 0pt 50pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&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 the implementation of the Indosat Multimedia Mobile services and the settlement of the related interconnection rights and obligations.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -15pt; MARGIN: 0in 0in 0pt 50pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&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>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -15pt; MARGIN: 0in 0in 0pt 50pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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 an IDD service charge tariff, which already takes into account the compensation for its billing and collection. The agreement is valid and effective starting on January to December 2012, and can be applied until a new Minutes of Agreement becomes available. </FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 51.8pt"><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;Regulation No.8/Year 2006. These amendments took effect starting on January 1, 2007. </FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 51.8pt"><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. </FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 51.8pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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. </FONT></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

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<P></P>34.&nbsp; RELATED PARTY TRANSACTIONS </FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">(continued)&nbsp;</FONT></B></DIV></DIV>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">c</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">.&nbsp;&nbsp;&nbsp;&nbsp; Significant agreements with related parties (continued)</FONT></B></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -15pt; MARGIN: 0in 0in 0pt 50pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">iii.&nbsp;&nbsp; Others</FONT></P>

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<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 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 from the operation of the transmission link and is extendable subject to agreement by both parties. The agreement was extended until March 29, 2013. </FONT></P>

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<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; Kisel is a cooperative 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. Telkomsel also has dealership agreements with Kisel for distribution of SIM cards and pulse reload vouchers.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">d</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">. &nbsp;&nbsp;&nbsp; Key management personnel remuneration</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35pt"><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 35pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Key management personnel of the Company are the Boards of Commissioners and Directors as detailed in Note 1b.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The Company and subsidiaries provide honorarium and facilities to support the operational duties of their respective boards of commissioners. The Company and subsidiaries provide short-term employment benefits in the form of salaries and facilities to support the operational duties of their respective boards of directors. The total of such benefits is as follows:</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2010</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2&nbsp;</FONT></B></P></TD>

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<TR style="HEIGHT: 12.25pt">

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

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   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Amount</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>% of total </FONT></B><FONT style="COLOR: #000000"></FONT><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>expense</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Amount</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>% of total </FONT></B><FONT style="COLOR: #000000"></FONT><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>expense</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>% of total </FONT></B><FONT style="COLOR: #000000"></FONT><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>expense</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Board of Directors</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>166</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>0.36%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>181</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>0.36%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>252</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>0.49%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Board of Commissioners</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>53</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>0.11%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>57</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>0.11%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>61</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>0.12%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 8pt" lang=IN color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">5.&nbsp; SEGMENT INFORMATION</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 6pt" lang=IN color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">In 2012, management decided to change the way it manages the Company's business portfolios from a product-based approach to a customer-centric approach, as part of the Company&#8217;s strategy to provide a one-stop solution to its customers. This resulted in a change in the Company&#8217;s organizational structure to accommodate decision-making and performance assessment based on a customer-centric approach. Consequently, the segment financial information presented to the Company's Chief Operational Decision Maker was amended to facilitate decision making on the new segments. The segment information for the year ended December 31, 2011 has been restated to conform with the presentation of segment information for the year ended December 31, 2012. However, the costs of extending the restatement of each individual item of comparative information for <FONT style="FONT-SIZE: 10pt" face="Times New Roman">the </FONT>year ended December 31,&nbsp;2010 were considered to outweigh the benefits of providing a more accurate comparative information. Management considered that the restatement of the 2010 segment information was impracticable. Moreover, management also considered that the presentation of 201<FONT style="FONT-SIZE: 10pt" face="Times New Roman">0</FONT></FONT><FONT style="FONT-SIZE: 6pt" lang=IN color=windowtext face="times new roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">2011 and 201<FONT style="FONT-SIZE: 10pt" face="Times New Roman">2</FONT> segment information in the old basis (product-based approach) are not relevant considering that management <FONT style="FONT-SIZE: 10pt" face="Times New Roman">currently</FONT> manages its business on a customer-centric approach. Therefore, these information were not included in the consolidated financial statement<FONT style="FONT-SIZE: 10pt" face="Times New Roman">s</FONT>.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 107 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B>

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<P></P>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">5.&nbsp; SEGMENT INFORMATION</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> (continued)</FONT></B></DIV></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The Company and subsidiaries have four main operating segments, namely personal, home, corporate and others. The personal segment provides mobile cellular and fixed wireless telecommunications services to individual customers. The home segment provides fixed wireline telecommunications services, pay TV, data and internet services to home customers. The corporate segment provides telecommunications services, including interconnection, leased lines, satellite, VSAT, contact center, broadband access, information technology services, data and internet services to companies and institutions. Operating segments that are not monitored separately by Chief Operation Decision Maker are presented as "Others" that provides building management services.</FONT></P>

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<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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Management monitors the operating results of its business units separately for the purpose of making decisions about resource allocation and performance assessment. Segment performance is evaluated based on operating profit or loss and is measured on the basis of Indonesian Financial Accounting Standards which differs significantly from IFRS primarily in the accounting for land rights and employee benefits.</FONT></P>

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<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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; However, the financing activities and income taxes are not separately monitored and are not allocated to operating segments.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 6pt" lang=IN color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Segment revenues and expenses include transactions between operating segments and are accounted for at prices that Management believes represent market prices.</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total before</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>IFRS</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Corporate</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Home</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Personal</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Elimination</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Consolidated</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Reconciliation</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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<TR style="HEIGHT: 0.15in">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Segment results</FONT></B></P></TD>

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<TR style="HEIGHT: 0.15in">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Revenues</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 0.15in">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>External revenues</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>14,279</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8,171</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>48,733</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>70</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>71,253</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>71,253</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(15</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>71,238</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 0.15in">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Inter-segment revenues</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,289</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,888</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,180</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>350</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>9,707</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(9,707</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 0.15in">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total segment revenues</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>19,568</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>10,059</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>50,913</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>420</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>80,960</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(9,707</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>71,253</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(15</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>71,238</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 0.15in">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Expenses - net</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 0.15in">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>External expenses</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(12,362</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(6,408</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(29,999</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(526</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(49,295</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(49,295</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(156</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(49,451</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 0.15in">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Inter-segment expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(3,297</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,914</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(4,680</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>184</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(9,707</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>9,707</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 0.15in">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total segment expenses - net</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(15,659</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(8,322</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(34,679</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(342</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(59,002</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>9,707</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(49,295</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(156</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(49,451</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 0.15in">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Segment results</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,909</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,737</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>16,234</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>78</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>21,958</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>21,958</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(171</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>21,787</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 0.15in">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Other information</FONT></B></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=#ffffff></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 0.15in">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Segment assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>26,842</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>16,893</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>62,36<FONT style="FONT-SIZE: 10pt" face="Times New Roman">8</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>390</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>106,493</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(4,465</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>102,028</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(332</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>101,696</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 0.15in">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Assets held for sale</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>791</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>791</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>791</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>791</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 0.15in">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Long-term investments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>214</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>235</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>235</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>235</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 0.15in">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total consolidated assets</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>27,056</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>16,893</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>63,180</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>390</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>107,519</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(4,465)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>103,054</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(332</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>102,722</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 0.15in">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total consolidated liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(14,459</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(10,452</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(21,434</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(193</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(46,538</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,465</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(42,073</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,623</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(43,696</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 0.15in">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Capital expenditures</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(4,390</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,529</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(8,684</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(45</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(14,648</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(14,648)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>94</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(14,554</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 0.15in">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Depreciation and amortization expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,890</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,389</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%" align=right>

   <P style="MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(11,007</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(14</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(14,300</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(14,300</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>40</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(14,260</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 0.15in">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="27%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Impairment of assets</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(563</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(563</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(563</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(563</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman" color=windowtext>Provision for impairment of receivables</FONT></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top align=right>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(255</FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top align=left><FONT style="FONT-SIZE: 10pt">)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c6d9f1" vAlign=top align=right><FONT style="FONT-SIZE: 10pt">

   <P></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman" color=windowtext>(454</FONT></P></FONT></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman" color=windowtext>(174</FONT></P></FONT></TD>

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   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c6d9f1" vAlign=top align=right><FONT style="FONT-SIZE: 10pt">-</FONT></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c6d9f1" vAlign=top align=right><FONT style="FONT-SIZE: 10pt">

   <P></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman" color=windowtext>(883</FONT></P></FONT></TD>

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   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c6d9f1" vAlign=top align=right><FONT style="FONT-SIZE: 10pt">-</FONT></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c6d9f1" vAlign=top align=right><FONT style="FONT-SIZE: 10pt">

   <P></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman" color=windowtext>(883</FONT></P></FONT></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top align=left><FONT style="FONT-SIZE: 10pt">)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c6d9f1" vAlign=top align=right><FONT style="FONT-SIZE: 10pt">-</FONT></TD>

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   <P></P>

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman" color=windowtext>(883</FONT></P></FONT></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1" vAlign=top align=left><FONT style="FONT-SIZE: 10pt">)</FONT></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center">F - 108 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B></FONT></B></FONT><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"></FONT></B>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">5.&nbsp; SEGMENT INFORMATION (continued)</FONT></B></P></DIV></DIV>

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   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="71%" colSpan=17>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total before</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>IFRS</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>IFRS</FONT></B></P></TD>

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<TR style="HEIGHT: 0.15in">

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Corporate</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Home</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Personal</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Others</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Elimination</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Elimination</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Consolidated</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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=top width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Reconciliation</FONT></B></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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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=top width="7%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Balance</FONT></B></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"><B><FONT color=windowtext></FONT></B>&nbsp;</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="27%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Segment results</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: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; BORDER-TOP: windowtext 1pt solid; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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"><B><FONT color=windowtext></FONT></B>&nbsp;</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="27%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Revenues</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" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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"><B><FONT color=windowtext></FONT></B>&nbsp;</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="27%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>External revenues</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" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>15,579</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7,360</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>54,087</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>117</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>77,143</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>77,143</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(16</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>77,127</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"><B><FONT color=windowtext></FONT></B>&nbsp;</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="27%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Inter-segment revenues</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" align=right><FONT color=windowtext></FONT>&nbsp;</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=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,468</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"><FONT color=windowtext></FONT>&nbsp;</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=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,223</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"><FONT color=windowtext></FONT>&nbsp;</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=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,188</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"><FONT color=windowtext></FONT>&nbsp;</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=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>648</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"><FONT color=windowtext></FONT>&nbsp;</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=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>11,527</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(11,527</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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></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=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</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"><FONT color=windowtext></FONT>&nbsp;</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=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</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"><FONT color=windowtext></FONT>&nbsp;</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="27%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total segment revenues</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" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>22,047</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"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>9,583</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"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>56,275</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"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>765</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"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>88,670</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(11,527</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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>77,143</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"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(16</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>77,127</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"><FONT color=windowtext></FONT>&nbsp;</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="27%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Expenses - net</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" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT color=windowtext></FONT>&nbsp;</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="27%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>External expenses</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" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(13,9</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>61</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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>5,646</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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(31,1</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>69</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(669</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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(51,445</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</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"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(5</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>1,44</FONT><FONT color=windowtext>5</FONT></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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>80</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(51,365</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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="27%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Inter-segment expenses</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" align=right><FONT color=windowtext></FONT>&nbsp;</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=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(4,015</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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></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=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,293</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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></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=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(5,203</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></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=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(16</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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></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=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(11,52</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>7</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></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=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>11,52</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>7</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"><FONT color=windowtext></FONT>&nbsp;</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=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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="27%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total segment expenses - net</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" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(17,976</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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(7,939</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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(36,372</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(68</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5</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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(62,97</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>11,52</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>7</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"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(5</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>1,44</FONT><FONT color=windowtext>5</FONT></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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>80</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(51,365</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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="27%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Segment results</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" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,0</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>71</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"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>1,644</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"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>19,</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>903</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>80</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"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>5,69</FONT><FONT color=windowtext>8</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</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"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>5,69</FONT><FONT color=windowtext>8</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>64</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>25,762</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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="27%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Other information</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: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</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="27%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Segment assets</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" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>30,4</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>58</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>17,780</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>7</FONT><FONT color=windowtext>,</FONT><FONT lang=IN color=windowtext>216</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>611</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"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>11</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>6</FONT><FONT color=windowtext>,</FONT><FONT lang=IN color=windowtext>065</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(4,9</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>71</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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>11</FONT><FONT color=windowtext>,</FONT><FONT lang=IN color=windowtext>094</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,158</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>109,936</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</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="27%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Long-term investments</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" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>254</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"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</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"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>21</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</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"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>275</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</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"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>275</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>275</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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="27%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total consolidated assets</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" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>30,712</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"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>17,780</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"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>67,237</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>611</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"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>116,340</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(4,9</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>71</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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>11</FONT><FONT color=windowtext>,</FONT><FONT lang=IN color=windowtext>369</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,158</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>110,211</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</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="27%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total consolidated liabilities</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" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(17,14</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>3</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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(11,478</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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>20,414</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(327</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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(4</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>9,362</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,9</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>71</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"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(4</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>4,391</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(3,806</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(48,197</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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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="27%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Capital expenditures</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" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>4,375</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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2,083</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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>10,664</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(150</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: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>7,27</FONT><FONT color=windowtext>2</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</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"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>7,27</FONT><FONT color=windowtext>2</FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(17,272</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR>

   <TD style="BACKGROUND-COLOR: #c6d9f1; TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 10pt">

   <P></P></FONT>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman" color=windowtext>Depreciation and amortization expenses</FONT></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1; TEXT-INDENT: 0pt" vAlign=top align=right></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c6d9f1; TEXT-INDENT: 0pt" vAlign=top align=right><FONT style="FONT-SIZE: 10pt"><FONT>

   <P></P></FONT></FONT>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman" color=windowtext>(2,0</FONT><FONT style="FONT-FAMILY: times new roman" lang=IN color=windowtext>79</FONT></FONT></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1; TEXT-INDENT: 0pt" vAlign=top><FONT style="FONT-SIZE: 10pt">)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c6d9f1; TEXT-INDENT: 0pt" vAlign=top align=right><FONT style="FONT-SIZE: 10pt"><FONT>

   <P></P></FONT></FONT>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman" color=windowtext>(1,168</FONT></FONT></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1; TEXT-INDENT: 0pt" vAlign=top><FONT style="FONT-SIZE: 10pt">)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c6d9f1; TEXT-INDENT: 0pt" vAlign=top align=right><FONT style="FONT-SIZE: 10pt"><FONT>

   <P></P></FONT></FONT>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman" color=windowtext>(10,940</FONT></FONT></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1; TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 10pt">)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c6d9f1; TEXT-INDENT: 0pt" vAlign=top align=right><FONT style="FONT-SIZE: 10pt"><FONT>

   <P></P></FONT></FONT>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman" color=windowtext>(22</FONT></FONT></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1; TEXT-INDENT: 0pt" vAlign=top><FONT style="FONT-SIZE: 10pt">)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c6d9f1; TEXT-INDENT: 0pt" vAlign=top align=right><FONT style="FONT-SIZE: 10pt"><FONT>

   <P></P></FONT></FONT>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman" color=windowtext><FONT style="FONT-SIZE: 10pt">(</FONT><FONT style="FONT-SIZE: 10pt" face="Times New Roman">1</FONT></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>4,</FONT><FONT color=windowtext>209</FONT></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1; TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 10pt">)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c6d9f1; TEXT-INDENT: 0pt" vAlign=top align=right><FONT style="FONT-SIZE: 10pt">-</FONT></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1; TEXT-INDENT: 0pt" vAlign=top align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c6d9f1; TEXT-INDENT: 0pt" vAlign=top align=right><FONT style="FONT-SIZE: 10pt"><FONT>

   <P></P></FONT></FONT>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman" color=windowtext><FONT style="FONT-SIZE: 10pt">(</FONT><FONT style="FONT-SIZE: 10pt">1</FONT></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>4,</FONT><FONT color=windowtext>209</FONT></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1; TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 10pt">)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c6d9f1; TEXT-INDENT: 0pt" vAlign=top align=right><FONT style="FONT-SIZE: 10pt"><FONT>

   <P></P></FONT></FONT>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman" color=windowtext>(18</FONT></FONT></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1; TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 10pt">)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; BACKGROUND-COLOR: #c6d9f1; TEXT-INDENT: 0pt" vAlign=top align=right><FONT style="FONT-SIZE: 10pt"><FONT>

   <P></P></FONT></FONT>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman" color=windowtext>(14,227</FONT></FONT></FONT></P></TD>

   <TD style="BACKGROUND-COLOR: #c6d9f1; TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 10pt">)</FONT></TD></TR>

<TR>

   <TD style="TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 10pt">

   <P></P></FONT>

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman" color=windowtext>Impairment of assets</FONT></FONT></P></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top align=right></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; TEXT-INDENT: 0pt" vAlign=top align=right><FONT style="FONT-SIZE: 10pt">-</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; TEXT-INDENT: 0pt" vAlign=top align=right><FONT style="FONT-SIZE: 10pt">-</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; TEXT-INDENT: 0pt" vAlign=top align=right><FONT style="FONT-SIZE: 10pt">(247</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 10pt">)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; TEXT-INDENT: 0pt" vAlign=top align=right><FONT style="FONT-SIZE: 10pt">-</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top align=left></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; TEXT-INDENT: 0pt" vAlign=top align=right><FONT style="FONT-SIZE: 10pt">

   <P></P></FONT>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman" color=windowtext>(247</FONT></FONT></P></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 10pt">)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; TEXT-INDENT: 0pt" vAlign=top align=right><FONT style="FONT-SIZE: 10pt">-</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; TEXT-INDENT: 0pt" vAlign=top align=right><FONT style="FONT-SIZE: 10pt">

   <P></P></FONT>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman" color=windowtext>(247</FONT></FONT></P></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 10pt">)</FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; TEXT-INDENT: 0pt" vAlign=top align=right><FONT style="FONT-SIZE: 10pt">-</FONT></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 10pt"></FONT></TD>

   <TD style="BORDER-BOTTOM: #000000 2pt double; TEXT-INDENT: 0pt" vAlign=top align=right><FONT style="FONT-SIZE: 10pt">

   <P></P></FONT>

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman" color=windowtext>(247</FONT></FONT></P></TD>

   <TD style="TEXT-INDENT: 0pt" vAlign=top align=left><FONT style="FONT-SIZE: 10pt">)</FONT></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="27%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Provision for impairment of receivables</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" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(92</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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(505</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; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</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"><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(9</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>1</FONT><FONT color=windowtext>5</FONT></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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</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"><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 0.15in; PADDING-TOP: 0in" vAlign=top width="7%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(9</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>1</FONT><FONT color=windowtext>5</FONT></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%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(915</FONT></P></TD>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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=arial,sans-serif></FONT></B>&nbsp;</P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 17.85pt"><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face="times new roman">The Company predominantly generates revenue and profit within Indonesia. Revenue with respect to international interconnections and assets held by geographical location are disclosed in Note 25 and Note 1, respectively.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">6.&nbsp; RSA</FONT></B></P>

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<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 separate agreements with several investors under RSA to develop fixed lines, public card-phone booths, data and internet network, and related supporting telecommunications facilities.</FONT></P>

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<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, 2012, the Company has 4 RSA&#8217;s with 4 investors. The RSA&#8217;s are located in East Java, Makassar, Pare-pare, Manado, Denpasar, Mataram and Kupang, with concession periods ranging from 129 to 148 months. </FONT></P>

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<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 and the Company manages and operates the telecommunication facilities upon the completion of the constructions. Repairs and maintenance costs during RSA period are borne jointly by the Company and investors. The investors legally retain the rights to the property and equipment constructed by them during the RSA periods. At the end of the RSA period, the investors will transfer the ownership of the telecommunication facilities to the Company at a nominal price.</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 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Generally, the revenues earned in the form of line installation charges, outgoing telephone pulses and monthly subscription charges are shared between the Company and investors based on certain agreed amount and/or ratio.</FONT></P>

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<P style="TEXT-ALIGN: center">F - 109 </P></DIV>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B></FONT></B></FONT>&nbsp;

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<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; SIGNIFICANT COMMITMENTS AND AGREEMENTS</FONT></B></P></DIV></DIV>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.1pt; 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; Capital expenditures</FONT></B></P>

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<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 December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, 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>

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   <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>

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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">Amounts in foreign currencies </FONT></B><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(in millions)</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">Equivalent in rupiah</FONT></B></P></TD>

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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">Rupiah</FONT></P></TD>

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   <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>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">6,678</FONT></P></TD>

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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">U.S. dollar</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">380</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">3,674</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.2</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">0.1</FONT></P></TD>

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<TR style="HEIGHT: 12.25pt">

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   <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; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="19%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">10,355</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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=arial,sans-serif></FONT></B>&nbsp;</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=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 1pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</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"><I><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif></FONT></I>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 96.38%; MARGIN-LEFT: 0.5in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Contracting parties</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Date of agreement</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="47%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">Significant provisions of the agreement</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.15pt; MARGIN: 0in 0in 0pt 15.85pt"><I><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">(i) The Company </FONT></I></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="20%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=#ffffff face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="47%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">The Company and Sansaine Huawei Consortium</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="20%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="COLOR: #000000; FONT-SIZE: 9pt" color=#ffffff face="Times New Roman">May 27, 2009</FONT></P><FONT style="COLOR: #000000">

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 9pt" color=#ffffff face="Times New Roman"></FONT>&nbsp;</P></FONT>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="COLOR: #000000; FONT-SIZE: 9pt" color=#ffffff face="Times New Roman">June 15, 2009</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -2.35pt; MARGIN: 0in 0in 0pt 0.1pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="47%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -2.35pt; MARGIN: 0in 0in 0pt 0.1pt"><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="PAGE-BREAK-AFTER: avoid; TEXT-ALIGN: justify; TEXT-INDENT: -2.35pt; MARGIN: 0in 0in 0pt 2.35pt"><FONT style="LINE-HEIGHT: 93%; FONT-SIZE: 9pt" color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0pt"><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; MARGIN: 0in 0in 0pt 0pt">&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -2.35pt; MARGIN: 0in 0in 0pt 0.1pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">The Company and ZTE Consortium</FONT></P>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="20%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="COLOR: #000000; FONT-SIZE: 9pt" color=#ffffff face="Times New Roman">June 2, 2009</FONT></P>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 9pt" lang=IN color=#ffffff face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -2pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="47%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -2pt; MARGIN: 0in 0in 0pt"><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="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -2pt; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">The Company and Sansaine Huawei Consortium</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="20%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="COLOR: #000000; FONT-SIZE: 9pt" color=#ffffff face="Times New Roman">August 3, 2009</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="47%">

   <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 Softswitch and modernization of MSAN Divre I, Divre II, Divre III and Divre IV</FONT></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">The Company and PT ZTE Indonesia</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="20%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="COLOR: #000000; FONT-SIZE: 9pt" color=#ffffff face="Times New Roman">September 4, 2009</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="47%">

   <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 Modernization MSAN Softswitch Divre VI and Divre VII</FONT></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="30%">

   <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">The Company and Tekken - DMT Consortium</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: -1.1pt; MARGIN: 0in 0in 0pt 1.1pt" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="20%" align=left>

   <P style="TEXT-INDENT: -1.1pt; MARGIN: 0in 0in 0pt 1.1pt" align=left><FONT style="COLOR: #000000; FONT-SIZE: 9pt" color=#ffffff face="Times New Roman">September 15, 2009</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

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   <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 Fiber Optic Cable Access Divre VI Kalimantan</FONT></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="30%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">The Company and Sansaine Huawei Consortium</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: -1.1pt; MARGIN: 0in 0in 0pt 1.1pt" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="20%" align=left>

   <P style="TEXT-INDENT: -1.1pt; MARGIN: 0in 0in 0pt 1.1pt" align=left><FONT style="COLOR: #000000; FONT-SIZE: 9pt" color=#ffffff face="Times New Roman">November 24, 2009</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="47%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><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>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">The Company and PT ZTE Indonesia</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="COLOR: #000000; FONT-SIZE: 9pt" color=#ffffff face="Times New Roman">October 6, 2010</FONT></P></TD>

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   <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 Gigabit Capable Passive Optical Network ("G-PON")</FONT></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face="Times New Roman">The Company and PT Lintas Teknologi Indonesia</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="20%" align=left>

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="COLOR: #000000; FONT-SIZE: 9pt" color=#ffffff face="Times New Roman">June 8, 2011</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

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   <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")</FONT></P>

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   <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">The Company and G-Pas Consortium</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="COLOR: #000000; FONT-SIZE: 9pt" color=#ffffff face="Times New Roman">June 14, 2011</FONT></P></TD>

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   <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 Outside Plant Fiber Optic ("OSP-FO") Access &amp; RMJ GPAS</FONT></P>

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   <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">The Company and Mandiri Maju Consortium</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="20%" align=left>

   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="COLOR: #000000; FONT-SIZE: 9pt" color=#ffffff face="Times New Roman">June 14, </FONT><FONT style="COLOR: #000000; FONT-SIZE: 9pt" color=#ffffff face="Times New Roman">2011</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 9pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

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   <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 Outside Plant Fiber Optic ("OSP-FO") Access &amp; RMJ</FONT></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt">&nbsp;</P></TD>

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<P style="TEXT-ALIGN: center">F - 110 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></FONT></FONT></B></FONT></B></FONT></FONT></B></FONT></B></FONT><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"></FONT></B>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">7.&nbsp; SIGNIFICANT COMMITMENTS AND AGREEMENTS (continued)</FONT></B></P></DIV></DIV>

<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=arial,sans-serif></FONT></B>&nbsp;</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 (continued)</FONT></B></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Contracting parties</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Date of agreement</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Significant provisions of the agreement</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(i)The Company (continued)</FONT></I></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="PAGE-BREAK-AFTER: avoid; MARGIN: 0in 0in 0pt" align=left>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Company and PT Datacomm Diangraha</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>June 30, 2011</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Procurement and installation agreement for Expansion of Metro Ethernet ALU</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Company and PT Bina Nusantara Perkasa</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>December 9, 2011</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Procurement and installation agreement for &#8220;Sistem Komunikasi Kabel Laut&#8221; (&#8220;SKKL&#8221;) Sumatera - Bangka (<FONT style="FONT-SIZE: 10pt" face="Times New Roman">"</FONT>SBCS<FONT style="FONT-SIZE: 10pt" face="Times New Roman">"</FONT>) and SKKL Tarakan - Tanjung Selor (<FONT style="FONT-SIZE: 10pt" face="Times New Roman">"</FONT>TSCS<FONT style="FONT-SIZE: 10pt" face="Times New Roman">"</FONT>)</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>March 6, 2012</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Procurement agreement for 2 Fiber Pairs (4 Core) SKKL Jakarta - Bangka - Batam - Singapore and Batam - Bintan with IRU Pattern</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Company and PT Ketrosden Triasmitra - PT Nautic Maritime Salvage</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>August 30, 2012</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Procurement and installation agreement for SKKL Luwuk - Tutuyan Cable System (<FONT style="FONT-SIZE: 10pt" face="Times New Roman">"</FONT>LTCS<FONT style="FONT-SIZE: 10pt" face="Times New Roman">"</FONT>)</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Company and PT Industri Telekomunikasi Indonesia</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>December 30, 2010</FONT></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Procurement and installation agreement for copper wire access modernization through Trade In/Trade Off method</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The Company and PT Len Industri (Persero)</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>March 29, 2012</FONT></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Procurement and installation agreement for copper wire access modernization through Trade In/Trade Off method</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(ii) Telkomsel </FONT></I></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Telkomsel, PT Ericsson Indonesia, Ericsson AB, PT Nokia Siemens Networks, Nokia Siemens Networks Oy and Nokia Siemens Network GmbH &amp; Co. KG</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>April</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt"> 17, 2008*</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>The c</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>ombined 2G and 3G CS Core Network Rollout Agreements</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Telkomsel, PT Ericsson Indonesia, and PT Nokia Siemens Networks</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>April </FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">17, 2008*&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Technical Service Agreement (<FONT style="FONT-SIZE: 10pt" face="Times New Roman">"</FONT>TSA<FONT style="FONT-SIZE: 10pt" face="Times New Roman">"</FONT>) for</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><I><FONT color=windowtext> </FONT></I><FONT lang=IN color=windowtext>Combined 2G and 3G CS Core Network</FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Telkomsel, PT Ericsson Indonesia, Ericsson AB, PT Nokia Siemens Networks, Nokia Siemens Networks Oy Huawei International Pte. Ltd., </FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT color=windowtext>PT Huawei Tech Investment</FONT><FONT lang=IN color=windowtext> and PT ZTE Indonesia</FONT></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>March and</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt"> June&nbsp; 2009*</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2G BSS and 3G UTRAN </FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT color=windowtext>R</FONT><FONT lang=IN color=windowtext>oll</FONT><FONT color=windowtext>o</FONT><FONT lang=IN color=windowtext>ut&nbsp;</FONT><FONT color=windowtext> agreement for the provision of </FONT><FONT lang=IN color=windowtext>2G GSM BSS and 3G UMTS</FONT><FONT color=windowtext> Radio Access Network </FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Telkomsel, PT Trikomsel OKE and PT Mitra Telekomunikasi Selular (</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT color=windowtext>&#8220;</FONT><FONT lang=IN color=windowtext>MTS</FONT><FONT color=windowtext>&#8221;</FONT><FONT lang=IN color=windowtext>)&nbsp;</FONT></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>July 2009</FONT><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>**&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Purchase of iPhone products and provision of cellular network service</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telkomsel, PT Packet Systems Indonesia and PT Huawei Tech Investment</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>Februar</FONT><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">y 3, 2010</FONT></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Maintenance and procurement of equipment and related service agreement for Next Generation Convergence IP RAN Rollout and Technical Support</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Telkomsel, PT&nbsp;Datacraft Indonesia and </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>PT Huawei Tech Investment</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>Februar</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">y 3, 2010</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Maintenance and procurement of equipment and related service agreement for Next Generation Convergence Core Transport Rollout and Technical Support</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>Februar</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">y 8, 2010&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Online Charging System (&#8220;OCS&#8221;) and Service Control Points (&#8220;SCP&#8221;) System Solution Development Agreement </FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>Februar</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">y 8, 2010</FONT></P></TD>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 10pt 0.25in" align=justify><FONT style="LINE-HEIGHT: 115%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>*&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Based on PT Nokia Siemens Network <FONT style="FONT-SIZE: 10pt" face="Times New Roman">("NSN") </FONT>letters in July and September 2012, NSN agreed on a new extension up to December 31, 2012 (Note 42). Based on PT Ericsson Indonesia letter dated October 1, 2012, PT Ericsson Indonesia (&#8220;EI&#8221;) and Ericsson AB agreed to apply price adjustment to hardware, software and service purchased by Telkomsel up to December 31, 2012. Subsequently, in December 2012, EI and Ericsson AB agreed to extend the period until March 2, 2013.</FONT></P></TD>

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   <P style="TEXT-INDENT: -0.25in; MARGIN: 0in 0in 10pt 13.5pt"><FONT style="LINE-HEIGHT: 115%; FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="LINE-HEIGHT: 115%" color=windowtext>&nbsp;</FONT><FONT style="LINE-HEIGHT: 115%" color=windowtext>**&nbsp;&nbsp; Note 37c.iv.</FONT></FONT></P></TD>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

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<P></P>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">7.&nbsp; SIGNIFICANT COMMITMENTS AND AGREEMENTS (continued)</FONT></B></DIV></DIV>

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<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 (continued)</FONT></B></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Contracting parties</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(ii) Telkomsel (continued)</FONT></I></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Telkomsel,</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT lang=IN color=windowtext> </FONT></B><FONT lang=IN color=windowtext>PT Nokia Siemens Networks and Nokia Siemens Networks Oy</FONT></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>Januar</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">y 27, 2011</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Soft HLR Roll</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT color=windowtext>o</FONT><FONT lang=IN color=windowtext>ut&nbsp;</FONT><FONT color=windowtext> agreement</FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Telkomsel and PT Nokia Siemens Networks</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>Januar</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">y 27, 2011</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Soft HLR Technical Support Agreement</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telkomsel and PT Application Solutions</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>July 5, 2011</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Development and Rollout agreement for Customer Relationship Management and Contact Center solutions</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telkomsel and Nokia Siemens Networks Oy and <FONT style="FONT-SIZE: 10pt" face="Times New Roman">PT </FONT>Huawei Tech&nbsp;Investment</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>July 11, 2011</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Procurement agreement for equipment</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telkomsel and </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>PT Ericsson Indonesia</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>December 21, 2011</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Development and Rollout of Operation Support System (&#8220;OSS&#8221;)</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telkomsel and Huawei International Pte. Ltd and PT Huawei Tech Investment</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>July 17, 2012</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>CS Core System Rollout and CS Core System Technical Support</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(iii) GSD</FONT></I></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>T</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT color=windowtext>LT </FONT><FONT lang=IN color=windowtext>and PT </FONT><FONT color=windowtext>Adhi Karya</FONT></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>November 6,</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt"> 2012&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Service arrangement structure and main contractor architecture for Telkom Landmark Tower Building development project</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><I><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(iv) Dayamitra</FONT></I></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Dayamitra</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext> and PT</FONT><FONT color=windowtext> Aksara Indah</FONT></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>December 11,</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt"> 2012&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telecommunication tower development agreement</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Dayamitra</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext> and PT</FONT><FONT color=windowtext> Citramas Heavy Industries</FONT></FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>October 8,</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt"> 2012&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telecommunication tower procurement agreement</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=SV color=windowtext>Dayamitra</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext> and PT</FONT><FONT lang=SV color=windowtext> Bukaka Teknik Utama</FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>February 17,</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt"> 2012&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Telecommunication tower procurement agreement</FONT></P></TD>

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<P style="TEXT-ALIGN: center">F - 112 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

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<P></P>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">7.&nbsp; SIGNIFICANT COMMITMENTS AND AGREEMENTS (continued)</FONT></B></DIV></DIV>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><SUP><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;</FONT></SUP><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">b.&nbsp;&nbsp;&nbsp; Borrowings and other credit facilities </FONT></B></P>

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<P style="TEXT-INDENT: -0.5in; MARGIN: 0in 0in 10pt 1in"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">(i)</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;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">As of December 31, 201</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">2</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">, the Company has bank guarantee facilities for tender bond, performance bond, maintenance bond, deposit guarantee and advance payment bond for various projects of the Company, as follows:</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Facility utilized</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Lenders</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total </FONT></B><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>facility</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Maturity</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Currency</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rupiah/ rupiah</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>equivalent</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>BRI</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>250</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>March 14, 2014</FONT></P></TD>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=#ffffff></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=#ffffff></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff>US$</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.03</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="44%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>BNI</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>250</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>March 31, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>98</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="44%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>US$</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.26</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="44%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Bank Mandiri</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>150</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>December 23, 2013</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Rp</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>46</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="44%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>US$</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.02</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="44%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>650</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -24.6pt; MARGIN: 0in 0in 0pt 60.3pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp; Telkomsel has a US$3 million bond and bank guarantee and standby letter of credit facilities with SCB, Jakarta. The facilities expire on July 31, 2013. Under these facilities, as of December 31, 2012, Telkomsel has issued a bank guarantee of Rp20 billion (equivalent to US$</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2.1&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> million) for a 3G&nbsp;performance bond (Note 37c.i). The bank guarantee </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-GB color=windowtext face="Times New Roman">is valid</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> until April 7, 2013.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -24.6pt; MARGIN: 0in 0in 0pt 60.3pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(iii)&nbsp;&nbsp;&nbsp;&nbsp; TII has a US$15 million bank guarantee from Bank Mandiri. The facility expires on December 18, 2013. Under this facility, as of December 31, 2012, TII has issued a bank guarantee of Rp96.3 billion (equivalent to US$10 million) for mobile spectrum license&nbsp;performance bond in Timor Leste. </FONT></P>

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<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>

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<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 Letters No. 07/PER/M.KOMINFO/2/2006 and No.&nbsp;268/KEP/M.KOMINFO/9/2009 of the MoCI, Telkomsel is required, among other things, to:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -15pt; MARGIN: 0in 0in 0pt 70pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">1.&nbsp;&nbsp; Pay an annual BHP fee which is calculated based on a certain formula over the license term (10&nbsp;years) as set forth in the Decision Letters. The BHP is payable upon receipt of the notification letter (&#8220;Surat Pemberitahuan Pembayaran&#8221;) from the DGPI. The BHP fee is payable annually up to the expiry date of the license in 2019. Annual BHP fee for 2011 based on notification letter from the DGPI amounted to Rp495 billion. Such fee amount for each year varies depending on certain variables set in the formula.</FONT></P>

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<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">2.&nbsp;&nbsp;&nbsp;&nbsp;Provide roaming access for the existing other 3G operators.</FONT></P>

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<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">3.&nbsp;&nbsp;&nbsp;&nbsp;Contribute to USO development.</FONT></P>

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<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.&nbsp;&nbsp;&nbsp; Construct a 3G network which covers at least 14 provinces by the sixth year of holding the 3G license.</FONT></P>

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<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.&nbsp;&nbsp;&nbsp; Issue a performance bond each year amounting to Rp20 billion or 5% of the annual fee to be paid for the subsequent year, whichever is bigger.</FONT></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

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<P></P>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">7.&nbsp; SIGNIFICANT COMMITMENTS AND AGREEMENTS (continued)</FONT></B></DIV></DIV>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; Others</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> (continued)</FONT></B></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.45pt; MARGIN: 0in 0in 0pt 53.55pt"><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>

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<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 22, 2011, based on the letter No. 01/PR-MC/IV/2011 of the management of the Palapa Ring Consortium, the Palapa Ring Consortium agreement was terminated. Subsequently, based on the letter No. 02/PR-MC/IV/2011 dated December 28, 2011, the escrow account was closed and the escrow account balance amounting to US$4.6 million was returned to the Company.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.45pt; MARGIN: 0in 0in 0pt 53.55pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(iii)&nbsp; </FONT><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Radio Frequency Usage </FONT></U></P>

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<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 the Government of the Republic of Indonesia, which amended Decree No. 7 dated January 16, 2009, the annual frequency usage fees for bandwidths of 800 Megahertz (&#8220;MHz&#8221;), 900 MHz and 1800 MHz are determined using a formula set forth in </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">the </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Decree. The Decree is applicable for 5 years unless further amended.</FONT></P>

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<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 Decree above, on December 15, 2010, in its Decision Letter No.&nbsp;456A/KEP/M.KOMINFO/12/2010, the MoCI determined that the first year (Y<SUB>1</SUB>), 2010, for annual frequency usage fee of Telkomsel with licenses in the bandwidths of 900 MHz and 1800 MHz was Rp716 billion which was paid on December 30, 2010.&nbsp; </FONT></P>

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<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;the same Decision Letter above and 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>), 2010, annual frequency usage fee of the Company with licenses in the bandwidth of 800 MHz was Rp52&nbsp;billion which was paid on December 27, 2010.</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; &nbsp;</FONT></P>

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<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">Subsequently, based on Decision Letter No.&nbsp;590/KEP/M.KOMINFO/11/2011 dated <BR>November 14, 2011, the Company and Telkomsel were determined to have overpaid the fees by Rp3</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> billion and Rp117 billion, respectively, which are treated as a prepayment of annual frequency usage fee in the second year.</FONT></P>

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<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;349/KEP/M.KOMINFO/08/2011 and No.350/KEP/M.KOMINFO/08/2011 dated August 8, 2011, the MoCI determined that the second year (Y<SUB>2</SUB>), 2011, annual frequency usage fees of the Company and Telkomsel were Rp14</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> billion and Rp1,834 billion, respectively.&nbsp; The fees were paid in December 2011, net of the above-mentioned prepayment.&nbsp; </FONT></P>

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<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;495 dated August 29, 2012 and No.&nbsp;491 dated August 29, 2012, the MoCI determined that the third year (Y<SUB>3</SUB>), 2012, annual frequency usage fees of the Company and Telkomsel were Rp174&nbsp;billion and Rp1,718 billion, respectively. The fees were paid on December 15, 2012.&nbsp; </FONT></P>

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<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 Decree above, in accordance with the prevailing laws and telecommunications regulations, the operators were obliged to register their radio stations with the DGPI to obtain frequency usage license, except those stations that use 2.1 GHz frequency bandwidth (Note 37c.i). The frequency usage fees were payable upon receipt of notification letter (&#8220;Surat Pemberitahuan Pembayaran&#8221;) from the DGPI. The fee was determined based on the number of registered carriers (&#8220;TX&#8221;) for the Company and transceivers (&#8220;TRX&#8221;) for Telkomsel of the radio stations with fees ranging from Rp0.07 million to Rp17.55 million for each TX and from Rp3.4&nbsp;million to Rp15.9 million for each TRX (Note 8).</FONT></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

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<P></P>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">7.&nbsp; SIGNIFICANT COMMITMENTS AND AGREEMENTS (continued)</FONT></B></DIV></DIV>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.7pt"><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; Others</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> (continued)</FONT></B></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.3in; MARGIN: 0in 0in 0pt 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Apple, Inc</FONT></U></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On January 9 and July 16, 2009, Telkomsel entered into agreements with Apple, Inc for the purchase of iPhone products, marketing them to customers using third part</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">ies&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">(PT Trikomsel OKE</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">and PT Mitra Tel</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">e</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">komunikasi Selular</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">) and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">providing cellular network services over a 3-year term. Subsequently, on July 16, 2012, Telkomsel replaced them with a new agreement. Cumulative minimum iPhone units to be purchased up to June 2015 are at least 500,000 units.</FONT></P>

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<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">&nbsp;(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;</FONT><U><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Future Minimum Lease Payments under Operating Leases</FONT></U></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -2.7pt; MARGIN: 0in 0in 0in 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">&nbsp;The Company and subsidiaries entered into non-cancelable lease agreements with both third and related parties. The lease agreements consist of leased line, telecommunication equipment and land and building with terms ranging from </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">1&nbsp;until 10 years and with expiry dates between 2013 and 2022.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -38.7pt; MARGIN: 0in 0in 0in 56.7pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 63pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Future minimum lease payments for operating lease agreements as of December 31, 2012 are as follows:</FONT></P>

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<TABLE style="WIDTH: 91.56%; HEIGHT: 65px; MARGIN-LEFT: 58.5pt" border=0 cellSpacing=0 cellPadding=0>



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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Less than</FONT></B> 1 year</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1-5</FONT></B> years</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>More than</FONT></B> 5 years</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>As lessee</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>3</FONT><FONT color=windowtext>,</FONT><FONT lang=IN color=windowtext>829&nbsp;</FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>017&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>6</FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT color=windowtext>,</FONT><FONT lang=IN color=windowtext>617&nbsp;</FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,195</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>As lessor</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,6</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>02&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,8</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>63&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,2</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>07&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>532</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -9pt; MARGIN: 0in 0in 0in 9pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">8.&nbsp; CONTINGENCIES</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; 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 subsidiaries have been named as defendants in various legal actions in relation to 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 subsidiaries have recognized provision for losses amounting to Rp53&nbsp;billion as of December 31, 2012. </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"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">b.</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&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, the KPPU found that the Company, Telkomsel and certain other local operators had violated Law No. 5 year 1999 article 5 and charged the Company and Telkomsel penalties in the amounts of Rp18 billion and Rp25 billion, respectively.</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"></FONT>&nbsp;</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 filed an appeal with the Bandung District Court and South Jakarta District Court, on July 14, 2008 and July 11, 2008, respectively. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.5in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Due to the filing of case</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> by operators in various courts, subsequently, the KPPU requested the SC to consolidate the cases into the Central Jakarta District Court. Based on the SC&#8217;s decision letter dated April&nbsp;12, 2011, the SC </FONT><FONT style="BACKGROUND: white; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">appointed the </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: 5pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</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 parties have not received any notification from the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">C</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">ourt about the progress of the case.</FONT></P>

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<P style="TEXT-ALIGN: center">F - 115 </P>

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<P></P><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face=Arial,sans-serif><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<P></P>3</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">8.&nbsp; CONTINGENCIES (continued)</FONT></B></DIV></DIV>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.45pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">c.&nbsp;&nbsp;&nbsp;&nbsp; In connection with the dispute between Telkomsel and PT Prima Jaya Informatika ("PT Prima"), a distributor of Telkomsel of pulse reload vouchers under a distribution agreement between the parties, based on its verdict on September 14, 2012, the Central Jakarta District Court accepted a bankruptcy petition against Telkomsel filed by PT Prima.</FONT></P>

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<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 bankruptcy petition was filed by PT Prima on the basis of:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.65pt; MARGIN: 0in 0in 0pt 49.65pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&#8226;&nbsp;&nbsp;&nbsp; PT Prima&#8217;s claim on overdue receivables from Telkomsel amounting to Rp5.26 billion which represent undelivered pulse reload vouchers based on purchase orders of PT Prima, and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -13.65pt; MARGIN: 0in 0in 0pt 49.65pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&#8226;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">An outstanding receivable of another company from Telkomsel.</FONT></P>

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<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">Telkomsel argued that the payable to the other company has been paid and PT Prima has no right to claim any receivables from Telkomsel, considering that </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">PT </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Prima has not made any payment to Telkomsel on its orders and it has breached the terms and conditions as stipulated in the above-mentioned agreement. Therefore, the requirement for a bankruptcy petition should not have been met.</FONT></P>

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<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">Accordingly, Telkomsel has taken the necessary actions to resolve the case, including filing an appeal to the Supreme Court (&#8220;SC&#8221;) on September 21, 2012. </FONT></P>

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<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">On November 21, 2012, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">based on</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> the SC&#8217;s verdict No. 704 K/Pdt.Sus/2012, the SC decided 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">&#8226;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp; &nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp; Approve Telkomsel&#8217;s appeals and</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">&#8226;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&nbsp; &nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp; Revoke the </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Central Jakarta District Court</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&#8217;s verdict.</FONT></P>

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<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">As of the issuance date of the consolidated financial statements, the case is still under Judicial Review (&#8220;Peninjauan Kembali&#8221; or &#8220;PK&#8221;) process in the SC since PT Prima filed a </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">PK&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> on the SC&#8217;s verdict (Note 42g).</FONT></P>

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<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 subsidiaries do not believe that any subsequent investigation or court decision on the above matters and cases will have significant financial impact to the Company and subsidiaries.</FONT></P>

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<P style="TEXT-ALIGN: center">F - 116 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

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<P></P>39.&nbsp; FINANCIAL RISK MANAGEMENT </FONT></B></DIV></DIV>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><STRONG>U.S Dollars </STRONG></FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><STRONG>(in billions)</STRONG></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%"><STRONG>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=#ffffff></FONT>&nbsp;</P></STRONG></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><STRONG>Japanese <FONT style="FONT-SIZE: 10pt" face="Times New Roman">Yen </FONT></STRONG></FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><STRONG><FONT style="FONT-SIZE: 10pt" face="Times New Roman">(in billions) </FONT></STRONG></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%"><STRONG>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=#ffffff></FONT>&nbsp;</P></STRONG></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><STRONG>U.S Dollars </STRONG></FONT></FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><STRONG>(in billions)</STRONG></FONT></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%"><STRONG>

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=#ffffff></FONT>&nbsp;</P></STRONG></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><STRONG>Japanese <FONT style="FONT-SIZE: 10pt" face="Times New Roman">Yen </FONT></STRONG></FONT></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><STRONG><FONT style="FONT-SIZE: 10pt" face="Times New Roman">(in billions) </FONT></STRONG></FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Financial assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.28</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.00</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.51</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.00</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Financial liabilities</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(0.77</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(10.02</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(0.61</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(9.25</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net exposure</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(0.49</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(10.02</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(0.10</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(9.25</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><SUP><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 9pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 53.85pt" align=left><I><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 8pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 53.85pt" align=left><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Sensitivity analysis</FONT></B></P>

<P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="LINE-HEIGHT: 97%; 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 53.85pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">A strengthening of the </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">U</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">.S. d</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">ollar&nbsp;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> and</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> Japanese </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">y</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">en</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, as indicated below, against the rupiah at December 31, 2012 would have decreased equity and profit or loss by the amounts shown below. This analysis is based on foreign currency exchange rate variances that the Company and subsidiaries considered to be reasonably possible at the reporting date. The analysis assumes that all other variables, in particular interest rates, remain constant. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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; HEIGHT: 12.25pt; 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">Equity/profit (loss)</FONT></B></P></TD>

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   <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></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">December 31, 201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">2&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; 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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">U.S. dollar (1% strengthening)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><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">10</FONT></P></TD>

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   <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>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">A weakening of the </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">U</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">.S. d</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">ollar&nbsp;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> and</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> Japanese </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">y</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">en&nbsp;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> against the rupiah at December 31, 201</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2&nbsp;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> would have had an equal but opposite effect on the above currencies to the amounts shown above, on the basis that all other variables remain constant.</FONT></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"></P></FONT></FONT></B></FONT></B></FONT>

<P></P>39.&nbsp; FINANCIAL RISK MANAGEMENT (continued) </FONT></B></DIV></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -49.5pt; MARGIN: 0in 0in 0in 1in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">1.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Financial risk management</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 22.5pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.2pt; MARGIN: 0in 0in 0in 54.6pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">b. &nbsp;&nbsp;&nbsp; Market price risk</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.2pt; MARGIN: 0in 0in 0in 54.6pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.2pt; MARGIN: 0in 0in 0in 54.6pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The Company and subsidiaries are exposed to cha</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">n</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">ges in debt and equity market prices related to available-for-sale investments carried at fair value. Gain</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">s&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> and losses arising from changes in the fair value of available-for-sale investments are recognized in equity.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.2pt; MARGIN: 0in 0in 0in 54.6pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.2pt; MARGIN: 0in 0in 0in 54.6pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; The performance of the Company and subsidiaries&#8217; available-for-sale investments </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">is </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">monitored periodically, together with a regular asses</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">s</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">ment of their relevance to the Company and subsidiaries&#8217; long</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">-</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">term strategic plans.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.2pt; MARGIN: 0in 0in 0in 54.6pt"><FONT style="FONT-SIZE: 5pt" lang=EN-AU color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.2pt; MARGIN: 0in 0in 0in 54.6pt"><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; As of December 31, 2012, management considered the price risk for its available-for-sale investments to be immaterial in terms of the possible impact on profit or loss and total equity from a reasonably possible change in fair value.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.2pt; MARGIN: 0in 0in 0in 54.6pt"><FONT style="FONT-SIZE: 4pt" lang=EN-AU color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.5in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">c. &nbsp;&nbsp;&nbsp; Interest rate risk</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><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 subsidiaries to interest rate risk (Notes 1</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">7 </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">and&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> 18</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">). To measure market risk </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">pertaining to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">fluctuations in interest rates, the Company </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">and 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>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 53.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">At reporting date, the interest rate profile of the Company and subsidiaries&#8217; interest-bearing borrowings was </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">as follows</FONT><FONT style="FONT-SIZE: 10pt" 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-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>1&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Fixed rate borrowings</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(5,409</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=black>(7,025</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#000000>)</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Variable rate borrowings</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(12,462</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(12,250</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><I><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Sensitivity analysis for variable rate borrowings</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><I><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT></I>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">At December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, a change of 25 basis points</FONT><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"> </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">in interest rates of variable rate borrowings would have increased or decreased equity and profit or loss by Rp31 billion, respectively. This analysis assumes that all other variables, in particular foreign currency rates, remain constant.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 8pt" lang=IN color=windowtext face=univers-light,sans-serif></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=Arial,sans-serif>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">d</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=Arial,sans-serif>.&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Credit risk</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="times new roman"></FONT>&nbsp;</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">The following table presents </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">the maximum exposure to credit risk of the Company and subsidiaries&#8217; financial assets:</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"></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>1&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Cash and cash equivalents</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>9,634</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>13,118</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Other current financial assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>373</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,338</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Trade and other receivables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,393</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,409</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Long-term investments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Advances and other non-current assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>218</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>614</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>15,639</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>23,500</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&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=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">The Company and subsidiaries are exposed to credit risk primarily from trade receivables and other receivables. </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The c</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">redit risk is managed by continuous monitoring </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">of </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">outstanding balances and collection of trade and other receivables.</FONT></P>

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<P style="TEXT-ALIGN: center">F - 118 </P>

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<P></P><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face=Arial,sans-serif><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"></P></FONT></FONT></B></FONT></B></FONT>

<P></P>39.&nbsp; FINANCIAL RISK MANAGEMENT (continued) </FONT></B></DIV></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -47.7pt; MARGIN: 0in 0in 0in 1in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">1.</FONT><FONT style="FONT-SIZE: 7pt" lang=IN color=windowtext face="times new roman">&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Financial risk management</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.2pt; MARGIN: 0in 0in 0in 54.6pt"><FONT style="FONT-SIZE: 5pt" lang=IN color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -18.2pt; MARGIN: 0in 0in 0in 54.6pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">d</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">. &nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Credit&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> risk</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"> (continued)</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="times new roman">Trade and other receivables do not include any major concentration of credit risk by customer. Each of the top three customers account for less than 1% of the trade receivables as of </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">December&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="times new roman"> 3</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">1</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-AU color=windowtext face="times new roman">, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">2</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 0.25in"><FONT style="FONT-SIZE: 7pt" lang=EN-AU color=windowtext face="times new roman"></FONT>&nbsp;</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">Management is confident in its ability to continue to control and sustain minimal exposure </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">to&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> credit risk given that the Company and subsidiaries have provided sufficient </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">provision for impairment of receivables</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> to cover incurred loss arising from uncollectible receivables based on existing historical </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">data on credit losses</FONT><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" align=left><I><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT></I>&nbsp;</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=windowtext face=Arial,sans-serif>e</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=Arial,sans-serif>.&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">Liquidity risk</FONT></P>

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<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">Liquidity risk arises in situations where the Company and subsidiaries have difficulties in fulfilling financial liabilities when they become due. </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in"><FONT size=2></FONT>&nbsp;</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">Prudent liquidity risk management implies maintaining sufficient cash and cash equivalents in order to </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">meet&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> the Company and subsidiaries&#8217; financial obligations. The Company and subsidiaries continuously perform an analysis to monitor </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">financial position</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman"> ratios, among other</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">s</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">, liquidity ratios, debt equity ratios against debt covenant requirements.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.75in"><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 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The following is the maturity profile of the Company and subsidiaries</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">&#8217;&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> financial liabilities:</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">Maturity</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=#ffffff face="Times New Roman"><FONT style="COLOR: #000000; FONT-SIZE: 10pt">cash flows</FONT></FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">2012</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">2013</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">2014</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff face="Times New Roman">2015</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">December 31, 2011</FONT></B></P></TD>

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<TR style="HEIGHT: 12.25pt">

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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">Trade and other payables</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">8,355</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">(8,355</FONT></P></TD>

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   <P style="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: 12.25pt; 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">(8,355</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">Accrued expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">4,790</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">(4,790</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(4,790</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">Loans and other borrowings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">11,291</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">(12,763</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(4,852</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(3,854</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(2,468</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(1,156</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(433</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">510</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">(642</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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: 12.25pt; 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">(259</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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: 12.25pt; 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">(179</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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: 12.25pt; 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">(110</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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: 12.25pt; 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">(33</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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: 12.25pt; 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">(61</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">2,284</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">(2,866</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(374</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(286</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(279</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(272</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(1,655</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">3,786</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">(5,895</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(708</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(608</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(407</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(1,258</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(2,914</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">31,016</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT 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; HEIGHT: 12.25pt; 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">(35,311</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(19,338</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(4,927</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(3,264</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(2,719</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(5,063</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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: 0in; MARGIN: 0in"><SUP><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="54%" colSpan=9>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Maturity</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Carrying</FONT></B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt"> amount</FONT></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Contractual</FONT></B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt"> </FONT></FONT></B></P>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">cash flows</FONT></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>2013</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=center><B></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>2014</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=center><B></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>2015</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=center><B></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%" align=center>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>2016</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>2017 and</FONT></B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt"> thereafter</FONT></FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=#ffffff></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>December 31, 2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Trade and other payables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>7,457</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(7,457</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(7,457</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Accrued expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,163</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(6,163</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(6,163</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Loans and other borrowings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <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" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=right><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>11,295</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(12,585</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(5,118</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(3,869</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%" align=right>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,518</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(602</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(478</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <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" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2,324</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 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 color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(3,172</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(652</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(548</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="10%" align=right>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(398</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(354</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,220</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <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" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=right><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1,987</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-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 color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,462</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(283</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(277</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="10%" align=right>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(270</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(263</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,369</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <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" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>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" align=right><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>3,669</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: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(5,462</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(757</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(505</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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%" align=right>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,287</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(203</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</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" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,710</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="22%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>32,895</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(37,301</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(20,430</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(5,199</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%" align=right>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(4,473</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,422</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(5,777</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></B></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=Arial,sans-serif>&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 difference between the carrying amount and the contractual cash flows is interest value.</FONT></P>

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<P style="TEXT-ALIGN: center">F - 119 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"></P></FONT></FONT></B></FONT></B></FONT>

<P></P>39.&nbsp; FINANCIAL RISK MANAGEMENT</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">(continued)&nbsp;</FONT></B></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">2.&nbsp;&nbsp;&nbsp; Fair value of financial assets and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">financial </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">liabilities&nbsp;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="times new roman"></FONT>&nbsp;</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">a</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">.&nbsp;&nbsp;&nbsp;&nbsp; Fair value measurement</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.55pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.55pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Fair value is the amount for which an asset could be exchanged, or liability settled, </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">between knowledgeable, willing parties</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> in an arm&#8217;s length transaction.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.55pt; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The Company and subsidiaries determined the fair value measurement for disclosure purposes of each class of financial assets and financial liabilities based on the following methods and assumptions:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0pt 0pt 0.75in"><FONT style="FONT-SIZE: 7pt" 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 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;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The fair values of short-term financial assets and financial liabilities with maturities of one year or less (cash and cash equivalents, other current financial assets, trade&nbsp;and other receivables, trade and other payables, accrued expenses&nbsp; </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0pt 0pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;and short-term bank loans) are considered to </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">approximate their carrying amount</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">s </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">as the impact of discounting is not significant</FONT><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 0pt 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;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Available-for-sale financial assets primarily consist of shares, mutual funds and Corporate and Government bonds. Shares and mutual funds actively traded on an established market are stated at fair value using quoted market price or if unquoted, determined using a valuation technique. Corporate and Government bonds are stated at fair value by reference to prices of similar securities at the reporting date.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0pt 0pt 1in"><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;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">The fair values of long-term </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">financial </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">liabilities are estimated by discounting the future contractual cash flows of each liability at rates offered to the Company and subsidiaries for similar </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">liabilities&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> of comparable maturities by the bankers of the Company and subsidiaries, except for bonds which are based on market prices.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><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 53.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The fair value estimates are inherently judgmental and involve various limitations, including:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 71.85pt"><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;&nbsp;&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Fair values presented do not take into consideration the effect of future currency fluctuations.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 71.85pt"><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">Estimated fair values are not necessarily indicative of the amounts that the Company and subsidiaries would record upon disposal/termination of the financial assets and liabilities.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</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">b.</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif>&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">Classification and fair value</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in">&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The following </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">table&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> presents the carrying value and estimated fair values of the Company and subsidiaries' financial assets and liabilities based on their classifications:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="65%" colSpan=11>

   <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, 2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT lang=IN color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><SUP><FONT style="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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">Trading</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">Loans and </FONT></B><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">receivables</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT 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; HEIGHT: 12.25pt; 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">Available for </FONT></B><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">sale</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT 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; HEIGHT: 12.25pt; 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">Other</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">&nbsp;financial </FONT></B><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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN 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; HEIGHT: 12.25pt; 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">Total </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">carrying </FONT></B><B><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN 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; HEIGHT: 12.25pt; 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">Fair value</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <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</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">9,634</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">9,634</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">9,634</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Other current financial assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">12</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">361</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">373</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">373</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Trade and other receivables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">5,393</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">5,393</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">5,393</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Long-term investments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <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: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">218</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT 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; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT 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; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN 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; HEIGHT: 12.25pt; 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">218</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN 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; HEIGHT: 12.25pt; 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">218</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">Total financial assets</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">15,257</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT 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; HEIGHT: 12.25pt; 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">382</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT 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; HEIGHT: 12.25pt; 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">-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT 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; HEIGHT: 12.25pt; 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">15,639</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT 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; HEIGHT: 12.25pt; 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">15,639</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext face="Times New Roman"></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Trade and other payables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">(8,355</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(8,355</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(8,355</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">(4,790</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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: 12.25pt; 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">(4,790</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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: 12.25pt; 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">(4,790</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Loans and other borrowings</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT style="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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT style="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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT style="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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT style="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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><SUP><FONT style="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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT style="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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><SUP><FONT style="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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><SUP><FONT style="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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><SUP><FONT style="TEXT-DECORATION: none" color=windowtext face="Times New Roman"></FONT></SUP>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">(100</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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: 12.25pt; 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">(100</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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: 12.25pt; 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">(100</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" 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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">(510</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(510</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(510</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">(2,284</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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: 12.25pt; 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">(2,284</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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: 12.25pt; 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">(2,357</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" 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; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face="Times New Roman"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">(3,786</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(3,786</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(3,974</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Long-term bank loans</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT 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; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT 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; HEIGHT: 12.25pt; 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">(11,191</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(11,191</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(11,325</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">Total financial liabilities</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; 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">-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT 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; HEIGHT: 12.25pt; 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">-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT 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; HEIGHT: 12.25pt; 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">(31,016</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(31,016</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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; HEIGHT: 12.25pt; 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">(31,411</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="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: left; MARGIN: 0in 0in 0pt" align=left>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 120 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"></P></FONT></FONT></B></FONT></B></FONT>

<P></P>39.&nbsp; FINANCIAL RISK MANAGEMENT</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">(continued)&nbsp;</FONT></B></DIV></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">2.&nbsp;&nbsp;Fair value of financial assets and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">financial </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">liabilities </FONT><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 0pt 0pt 0in"><FONT style="FONT-SIZE: 6pt" lang=EN-US color=windowtext face="Times New Roman"></FONT>&nbsp;</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;b. Classification and fair value</FONT><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 0.25in"><B><FONT style="FONT-SIZE: 7pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></B>&nbsp;</P>

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<TABLE style="WIDTH: 97.3%; MARGIN-LEFT: 27pt" border=0 cellSpacing=0 cellPadding=0>



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   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>December 31, 2012</FONT></B></P></TD>

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<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><SUP><FONT style="TEXT-DECORATION: none" color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Trading</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Loans and </FONT></B><FONT style="COLOR: #000000"></FONT><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>receivables</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Available for </FONT></B><FONT style="COLOR: #000000"></FONT><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>sale</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Other financial</FONT></B></P><FONT style="COLOR: #000000"><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT></FONT>

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>liabilities</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in">&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Total</FONT></B><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=#ffffff>&nbsp;</FONT></B><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>amount</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="1%"></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="10%">

   <P style="TEXT-ALIGN: center; TEXT-INDENT: 0in; MARGIN: 0in" align=center><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>Fair value</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT lang=IN color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Cash and cash equivalents</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>13,118</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>13,118</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>13,118</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Other current financial assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>4,028</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>310</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>4,33</FONT><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>8</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>4,33</FONT><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>8</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Trade and other receivables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>5,409</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>5,409</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>5,409</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Long-term investments</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>21</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Advances and other non-current assets</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>614</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>614</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>614</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total financial assets</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>23,169</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>331</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>23,</FONT></B><FONT style="COLOR: #000000"><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>500</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>23,</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>500</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Trade and other payables</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(7,457</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(7,457</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"><FONT style="COLOR: #000000; FONT-SIZE: 10pt">)</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(7,457</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"><FONT style="COLOR: #000000; FONT-SIZE: 10pt">)</FONT></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Accrued expenses</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(6,163</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(6,163</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"><FONT style="FONT-SIZE: 10pt">)</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(6,163</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"><FONT style="COLOR: #000000; FONT-SIZE: 10pt">)</FONT></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Loans and other borrowings </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><SUP><FONT style="TEXT-DECORATION: none" color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><SUP><FONT style="TEXT-DECORATION: none" color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><SUP><FONT style="TEXT-DECORATION: none" color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><SUP><FONT style="TEXT-DECORATION: none" color=windowtext></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><SUP><FONT style="TEXT-DECORATION: none" color=#ffffff></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><SUP><FONT style="TEXT-DECORATION: none" color=#ffffff></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><SUP><FONT style="TEXT-DECORATION: none" color=#ffffff></FONT></SUP>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Short-term bank loans</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(37</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(37</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"><FONT style="FONT-SIZE: 10pt">)</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(37</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"><FONT style="COLOR: #000000; FONT-SIZE: 10pt">)</FONT></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Obligations under finance leases</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,324</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(2,324</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"><FONT style="FONT-SIZE: 10pt">)</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(2,324</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"><FONT style="COLOR: #000000; FONT-SIZE: 10pt">)</FONT></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Two-step loans</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,987</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(1,987</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"><FONT style="FONT-SIZE: 10pt">)</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(2,075</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"><FONT style="COLOR: #000000; FONT-SIZE: 10pt">)</FONT></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Bonds and notes</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(3,669</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(3,669</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"><FONT style="FONT-SIZE: 10pt">)</FONT></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(4,022</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"><FONT style="COLOR: #000000; FONT-SIZE: 10pt">)</FONT></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Long-term bank loans</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(11,258</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(11,258</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"><FONT style="FONT-SIZE: 10pt">)</FONT></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>(11,346</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"><FONT style="COLOR: #000000; FONT-SIZE: 10pt">)</FONT></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="33%">

   <P style="TEXT-ALIGN: left; TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total financial liabilities</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>-</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>32,895</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="TEXT-INDENT: 0in; MARGIN: 0in" align=left><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>)</FONT></B></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN>(3</FONT></B><FONT style="COLOR: #000000"><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt">2,895</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"><FONT style="FONT-SIZE: 10pt"><STRONG>)</STRONG></FONT></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="10%">

   <P style="TEXT-ALIGN: right; TEXT-INDENT: 0in; MARGIN: 0in" align=right><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" lang=IN color=#ffffff>(3</FONT></B><FONT style="COLOR: #000000"><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; COLOR: #000000; FONT-SIZE: 10pt" color=#ffffff>3,424</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%"><FONT style="COLOR: #000000; FONT-SIZE: 10pt">)</FONT></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in"><SUP><FONT style="FONT-SIZE: 7pt; TEXT-DECORATION: none" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></SUP>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif>c</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif>.&nbsp;&nbsp;&nbsp; </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Fair value hierarchy</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 table below presents the recorded amount of financial assets measured at fair value and limited mutual funds participation unit for debt-based securities where the Net Asset Value (&#8220;NAV&#8221;) per share of the investments information is not published as explained below:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.75in"><FONT style="FONT-SIZE: 5pt" lang=IN color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 94.58%; MARGIN-LEFT: 0.75in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="63%" colSpan=7>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>December 31, 2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="47%" colSpan=5>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Fair value measurement at reporting date using</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Balance</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Quoted prices </FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT color=windowtext>in active </FONT></B></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext>markets </FONT></B><B><FONT color=windowtext>for identical </FONT></B><B><FONT color=windowtext>assets </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext>or</FONT></B><B><FONT color=windowtext> </FONT></B><B><FONT color=windowtext>liabilities&nbsp;</FONT></B></P></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(level 1)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Significant</FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT color=windowtext> </FONT></B><B><FONT color=windowtext>other&nbsp;</FONT></B></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext>observable </FONT></B><B><FONT color=windowtext>inputs&nbsp;</FONT></B></P></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(level 2)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=bottom width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Significant</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext>unobservable</FONT></B><B><FONT color=windowtext> </FONT></B><B><FONT color=windowtext>inputs&nbsp;</FONT></B></P></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(level 3)</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Financial assets</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Available-for-sale securities</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>361</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>46</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>251</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>64</FONT></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>December 31, 201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Fair value measurement at reporting date using</FONT></B></P></TD>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Balance</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Quoted prices </FONT></B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><B><FONT color=windowtext>in active </FONT></B></FONT></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext>markets </FONT></B><B><FONT color=windowtext>for identical assets </FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext>or </FONT></B><B><FONT color=windowtext>liabilities</FONT></B></P></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(level 1)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Significant other</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext>observable inputs</FONT></B></P></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(level 2)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Significant</FONT></B></P><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext>unobservable </FONT></B><B><FONT color=windowtext>inputs</FONT></B></P></FONT></FONT>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(level 3)</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Financial assets</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Available-for-sale securities</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>310</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>52</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>210</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>48</FONT></P></TD>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in">&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 121 </P>

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<a name="_bclHeader230"></a><DIV><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">

<P></P><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"><B><FONT style="FONT-SIZE: 9pt" lang=EN-US color=windowtext face=Arial,sans-serif><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

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<P></P>39.&nbsp; FINANCIAL RISK MANAGEMENT</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">(continued)&nbsp;</FONT></B></DIV></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 5pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">2.&nbsp;&nbsp;&nbsp; Fair value of financial assets and </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">financial </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="times new roman">liabilities </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">(continued)&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">c</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fair value hierarchy (continued)</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0in 53.55pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0in 53.55pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Available-for-sale financial assets primarily consist of shares, mutual funds and Corporate and Government bonds. Corporate and Government bonds are stated at fair value by reference to prices of similar securities at the reporting date. As they are not actively traded on an established market, these securities are classified as level 2. </FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 53.55pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Shares and mutual funds actively traded on an established market are stated at fair value using quoted market price and classified within level 1. The valuation of the mutual funds invested in Corporate and Government bonds requires significant management judgment due to the absence of quoted market prices, the inherent lack of liquidity and the long-term nature of such assets. As these investments are subject to restrictions on redemption (such as transfer restrictions and initial lock-up periods) and observable activity for the investments is limited, these investments are therefore classified within level 3 of the fair value hierarchy. </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">anagement considers, among other assumptions, the valuation and quoted price of the arrangement of the mutual funds.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 53.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Reconciliations between the beginning and ending balances for items measured at fair value using significant unobservable inputs (level 3) as of December 31, 2011</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> are as follows:</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><U><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Mutual fund</FONT></U></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Balance at January 1</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Purchase</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Included in consolidated statements </FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>o</FONT><FONT color=windowtext>f comprehensive Income:</FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Realized loss - recognized </FONT><FONT style="FONT-SIZE: 10pt"></FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt"><FONT lang=IN color=windowtext>in profit or loss</FONT><FONT color=windowtext> for the year</FONT></FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(0</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(1</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Unrealized loss - recognized </FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>in other comprehensive income</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(2</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(2</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>)</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Redemption</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(8</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>(2</FONT><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>1</FONT></P></TD>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>Balance at December 31</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>64</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>4</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8&nbsp;</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center">F - 122 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"></P></FONT></FONT></B></FONT></B></FONT>

<P></P>40.&nbsp; CAPITAL MANAGEMENT</FONT></B></DIV></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The capital structure of the Company and subsidiaries is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><B><FONT style="FONT-SIZE: 8pt" lang=EN-US color=windowtext face=Arial,sans-serif></FONT></B>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT lang=IN color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="31%" colSpan=3>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>201</FONT></B><FONT style="FONT-SIZE: 10pt"><FONT style="FONT-FAMILY: times new roman"></FONT></FONT><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" lang=IN color=windowtext>2&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

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<TR style="HEIGHT: 12.25pt">

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amount</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Portion</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Amount</FONT></B></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%" align=center>

   <P style="MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Portion</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Short-term debts</FONT></P></TD>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.16%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>37</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>0.06%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

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<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Long-term debts</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>17,771</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>27.95%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>19,238</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>29.16%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total debts</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>17,871</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>28.11%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>19,275</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>29.22%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Equity attributable to owners</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>45,711</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>71.89%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>46,700</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>70.78%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="35%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>63,582</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100.00%</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>65,975</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 2pt double; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>100.00%</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0in; MARGIN: 0in 0in 0in 0.25in"><FONT style="FONT-SIZE: 8pt" lang=IN color=windowtext face=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The Company&#8217;s objectives when managing capital are to safeguard the Company&#8217;s ability to continue as a going concern in order to provide returns for stockholders and benefits to other stockholders and to maintain an optimum capital structure to minimize the cost of capital.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Periodically, the Company conducts debt valuation to assess possibilities of refinancing existing debts with new ones which have more efficient cost that will lead to more optimized cost-of-debt.&nbsp; In case of rich idle cash coupled with limited investment opportunities, the Company will consider buying back its shares or paying dividend to its stockholders. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In addition to complying with loan covenants, the Company also maintains its capital structure at the level it believes will not risk its credit rating and that is comparable with that of its competitors. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Debt-to-equity ratio (comparing net interest-bearing debt to total equity) is a ratio which is monitored by management to evaluate the Company&#8217;s capital structure and review the effectiveness of the Company&#8217;s debts. The Company monitors its debt levels to ensure the debt-to-equity ratio complies with or is below the ratio set out in its contractual borrowings and that such ratio is comparable or better than the ratios of other regional area entities in the telecommunications industry.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The Company&#8217;s debt-to-equity ratio as of December 31, 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">1&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> and 201</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> is as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT size=2></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2011</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>2012</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT color=windowtext></FONT></B>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total interest-bearing debts</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>17,871</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>19,275</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Less cash and cash equivalents</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(9,634</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>(13,118</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

   <P style="MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>)</FONT></P></TD></TR>

<TR style="HEIGHT: 12.25pt">

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Net debts</FONT></P></TD>

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   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>8,237</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt" align=left><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>6,157</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

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   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Total equity attributable to owners</FONT></P></TD>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>45,711</FONT></P></TD>

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   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>46,700</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%" align=left>

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<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="67%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt" align=left><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>Debt-to-equity ratio</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>18.02%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT color=windowtext></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="15%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-FAMILY: times new roman; FONT-SIZE: 10pt" color=windowtext>13.18%</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BACKGROUND: #c6d9f1; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT color=windowtext></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=Arial,sans-serif></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As stated in Note 18</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, the Company is required to maintain a certain debt-to-equity ratio and debt service coverage ratio by the lenders. During the year</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">s</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> ended December 31</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">, </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">2011&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and 2012</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">, the Company has complied with the externally imposed capital requirements.</FONT></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(Figures in tables are presented in billions of rupiah, unless otherwise stated)</FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"></P></FONT></FONT></B></FONT></B></FONT>

<P></P>41.&nbsp; SUPPLEMENTAL CASH FLOW INFORMATION </FONT></B></DIV></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"></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">Certain investing and financing transactions do not require the use of cash and cash equivalents (non-cash investing and financing activities) although they affect the capital and asset structure of the Company and subsidiaries. The non-cash investing and financing activities for the years ended December 31, 2010</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"> 2011</FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman"> and 2012</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: 4pt" lang=EN-US color=windowtext face=arial,sans-serif></FONT>&nbsp;</P>

<DIV align=left>

<TABLE style="WIDTH: 98.2%; MARGIN-LEFT: 0.25in" border=0 cellSpacing=0 cellPadding=0>



<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top 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">2011</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=arial,sans-serif></FONT></B>&nbsp;</P></TD>

   <TD style="BORDER-BOTTOM: windowtext 1pt solid; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">201</FONT></B><B><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">2&nbsp;</FONT></B></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

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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">Acquisition of property and equipment through:</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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"></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

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   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Trade payables</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; 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">4,817</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; 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">4,900</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; 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">4,627</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" 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; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">58</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">79</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">2,588</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Non-monetary exchange</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; 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="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; 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">1,226</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; 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">1,686</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="51%">

   <P style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt 0.25in" align=left><FONT style="FONT-SIZE: 10pt" color=windowtext face="Times New Roman">Acquisition of data center business</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; 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">150</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; BACKGROUND-COLOR: #c6d9f1; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD></TR>

<TR style="HEIGHT: 12.25pt">

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; 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">Reclassification of property and equipment to asset held for sale</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; 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="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; 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">791</FONT></P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</P></TD>

   <TD style="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; 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="BACKGROUND-IMAGE: none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; BACKGROUND-ATTACHMENT: scroll; PADDING-RIGHT: 0in; BACKGROUND-REPEAT: repeat; BACKGROUND-POSITION: 0% 0%; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="1%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="FONT-SIZE: 10pt" color=windowtext face=arial,sans-serif></FONT>&nbsp;</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=arial,sans-serif></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 2pt" lang=EN-US color=windowtext face=arial,sans-serif></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">42.&nbsp; SUBSEQUENT EVENTS </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: 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.</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">On January 7, 2013, pursuant to the expiry of the agreement for procurement of core equipment and related services with NSN, NSN agreed on the extension period of price adjustment by applying final price to any hardware, software and service of the New Solution purchased by Telkomsel (Note </FONT><FONT style="FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">7a.ii), from January 1, 2013 until the earlier of:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -21.25pt; MARGIN: 0in 0in 0pt 56.7pt"><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">the date that NSN enters into the New CS Core System Rollout Agreement (&#8220;ROA&#8221;) and/or TSA which supersedes the Existing CS Core Agreements with Telkomsel; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -21.25pt; MARGIN: 0in 0in 0pt 56.7pt"><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">January 31, 2013. </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"></FONT>&nbsp;</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.</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">On January 8, 2013, based on notarial deed No. 02 dated January 8, 2013 of Utiek R. Abdurachman, S.H., MLI., MKn., which was approved by the MoLHR through its Letter No. AHU-03276.AH.01.01/2013 dated January 29, 2013, Metra established a subsidiary, PT Metra Media (&#8220;MM&#8221;), with 99.83% ownership. MM will engage in providing trade, construction, advertising and other 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"></FONT>&nbsp;</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.</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">On January 8, 2013, based on notarial deed No. 03 dated January 8, 2013 of Utiek R. Abdurachman, SH., MLI., MKn., which was approved by the MoLHR through its Letter No. AHU-03261.AH.01.01/2013 dated January 29, 2013, Metra established a subsidiary, PT Metra TV (&#8220;Metra TV&#8221;), with 99.83% ownership. Metra TV will engage in providing subscription broadcasting services.</FONT></P>

<P style="MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 11pt" 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 0.5in"><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">On January 9, 2013, based on the Circular Resolution of the Stockholders of TII dated January 9, 2013, as covered by notarial deed No. 04 dated February 6, 2013 of Siti Safarijah, S.H., TII&#8217;s stockholders agreed to establish a subsidiary, Telekomunikasi Indonesia Internasional Australia Pty. Ltd. (&#8220;Telkom Australia&#8221;). Telkom Australia will engage in providing telecommunication services and IT-based 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"></FONT>&nbsp;</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">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">On January 17, 2013, Sigma signed a share sale and transfer and loan assignment agreement with Landeskreditbank Baden-Wuttemberg-Forderbank (&#8220;L-Bank&#8221;), and Step Stuttgarter Engineering Park Gmbh. (&#8220;STEP&#8221;) as PT German Center Indonesia&#8217;s (&#8220;GCI&#8221;) stockholders. Based on that agreement, Sigma agreed to buy all the shares of GCI owned by L-Bank and STEP and take over L-Bank&#8217;s stockholders&#8217; loan at a purchase price of US$17.8 million (equivalent to Rp170 billion). The transaction will close on April 1, 2013, subject to change with the written consent of all parties.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US face=arial,sans-serif></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">F - 124 </P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US 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" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">As of December 31, 2011 and 2012 and </FONT></B></FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">for the years ended December 31, 2010, 2011 and 2012</FONT></B></FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">42.&nbsp;&nbsp;&nbsp; SUBSEQUENT EVENTS (continued)</FONT></B></P></DIV></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 9pt" 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 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">f.</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On January 22, 2013, based on notarial deed No. 28 dated January 22, 2013 of N.M. Dipo Nusantara Pua Upa, S.H., MKn., which was approved by the MoLHR through its Letter No. AHU-03084.AH.01.01/2013 dated January 28, 2013, Metra established a subsidiary, PT Metra Digital Media (&#8220;MDM&#8221;), with 99.83% ownership. MDM will engage in providing telecommunication information and other services. </FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0in 0.75in"><FONT style="LINE-HEIGHT: 97%; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">g.</FONT><FONT style="LINE-HEIGHT: 97%; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Dispute between Telkomsel and PT Prima </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In connection with, the dispute between Telkomsel and PT Prima, on January 31, 2013, Telkomsel was notified by the Central Jakarta District Court (&#8220;Court&#8221;) that on January 29, 2013, PT Prima filed a PK to the SC on the SC&#8217;s verdict dated November 21, 2012. Based on the verdict, the SC revoked the decision of the Court which accepted the bankruptcy petition (Note </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">3</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">8c).&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Telkomsel believes that the SC has made a proper decision</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=IN color=windowtext face="Times New Roman">,&nbsp;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman"> accordingly, it filed a Contra-Memorandum to the SC on February 7, 2013.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">As of the issuance date of the consolidated financial statements, the PK is still in process. The SC&#8217;s decision on this PK is expected to be issued in March 2013.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">On January 31, 2013, the Court decided that a curator fee amounting to Rp147 billion shall be borne by Telkomsel. Telkomsel refuses to pay such fee, accordingly, through its letter dated February 12, 2013, Telkomsel requested the SC, among other things, to revoke the Court&#8217;s decision as the decision is not based on applicable guidelines as stipulated by the Decree of the MoLHR No. 01 Year 2013 dated January 11, 2013. Telkomsel also plans to file a PK on such decision to the SC.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0in 0.75in"><FONT style="LINE-HEIGHT: 97%; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">h.</FONT><FONT style="LINE-HEIGHT: 97%; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Additional 3G License</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">In accordance with the announcement of MoCI No. 19/PIH/KOMINFO/2/2013 datedFebruary 25, 2013, Telkomsel is selected as one of the companies to be granted an additional 3G license with radio frequency in the 2.1 GHz bandwidth.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">43.&nbsp; NEW STANDARDS AND INTERPRETATIONS NOT YET ADOPTED</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 17.85pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The standards and interpretations that are issued, but not yet effective for the year ended December 31, 2012 and which have not been applied in preparing these consolidated financial statements are disclosed below. The Company and subsidiaries intend to adopt these standards, if applicable, when they become effective.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.7pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">The amendments to IAS 1 change the grouping of items presented in other comprehensive income. Items that could be reclassified (or &#8216;recycled&#8217;) to profit or loss at a future point in time (for example, net gain on hedge of net investment, exchange differences on translation of foreign operations, net movement on cash flow hedges and net loss or gain on available-for-sale financial assets) would be presented separately from items that will never be reclassified (for example, actuarial gains and losses on defined benefit plans and revaluation of land and buildings). The amendments affect presentation only and have no impact on the consolidated financial position or performance of the Company and subsidiaries.</FONT></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PT TELEKOMUNIKASI INDONESIA Tbk AND SUBSIDIARIES</FONT></B></P>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS </FONT></B></FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

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<P></P>43.&nbsp; NEW STANDARDS AND INTERPRETATIONS NOT YET ADOPTED (continued)</FONT></B></DIV></DIV>

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<P style="TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=symbol>&#183;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">IAS 19 Employee Benefits (Revised)</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">The IASB has issued numerous amendments to IAS 19. These range from fundamental changes, such as removing the corridor mechanism and the concept of expected returns on plan assets to simple clarifications and re-wording. The Company and its subsidiaries elected to recognize actuarial gains and losses in other comprehensive income on its first adoption of IFRS in 2011. However, the amended standard will impact the net benefit expense as the expected return on plan assets will be calculated using the same interest rate as applied for the purpose of discounting the benefit obligation.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">As a consequence of the new IFRS 11 Joint Arrangements and IFRS 12 Disclosure of Interests in Other Entities, IAS 28 Investments in Associates has been renamed IAS 28 Investments in Associates and Joint Ventures, and describes the application of the equity method to investments in joint ventures in addition to associates. It has no impact on the consolidated financial statements.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">These amendments require first-time adopters to apply the requirements of IAS 20 Accounting for Government Grants and Disclosure of Government Assistance, prospectively to government loans existing at the date of transition to IFRS. Entities may choose to apply the requirements of IFRS 9 (or IAS 39, as applicable) and IAS 20 to government loans retrospectively if the information needed to do so had been obtained at the time of initially accounting for that loan. The exception would give first-time adopters relief from retrospective measurement of government loans with a below-market rate of interest. The amendments have no impact on the consolidated financial statements.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">These amendments require an entity to disclose information about rights to set off and related arrangements (e.g., collateral agreements). The disclosures would provide users with information that is useful in evaluating the effect of netting arrangements on an entity&#8217;s financial position. The new disclosures are required for all recognized financial instruments that are set off in accordance with IAS 32 Financial Instruments: Presentation.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">The disclosures also apply to recognized financial instruments that are subject to an enforceable master netting arrangement or similar agreement, irrespective of whether they are set off in accordance with IAS 32. The amendments have no impact on the consolidated financial statements.</FONT></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P></FONT></FONT></B></FONT></B></FONT>

<P></P>43.&nbsp; NEW STANDARDS AND INTERPRETATIONS NOT YET ADOPTED (continued)</FONT></B></DIV></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; 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"><U><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Effective for annual periods beginning on or after January 1, 2013 (continued)</FONT></U></P>

<P style="MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=symbol>&#183;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">IFRS 10 Consolidated Financial Statements, IAS 27 Separate Financial Statements</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">IFRS 10 replaces the portion of IAS 27 Consolidated and Separate Financial Statements that addresses the accounting for consolidated financial statements. It also addresses the issues raised in SIC-12 Consolidation - Special Purpose Entities.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">IFRS 10 establishes a single control model that applies to all entities including special purpose entities. The changes introduced by IFRS 10 will require management to exercise significant judgment to determine which entities are controlled and therefore are required to be consolidated by a parent, compared with the requirements that were in IAS 27. Based on the preliminary analyses performed, IFRS 10 is not expected to have any impact on the currently held investments of the Company and subsidiaries.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=symbol>&#183;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">IFRS 11 Joint Arrangements</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">IFRS 11 replaces IAS 31 Interests in Joint Ventures and SIC-13 Jointly-controlled Entitie Non-monetary Contributions by Venturers. IFRS 11 removes the option to account for jointly controlled entities (JCEs) using proportionate consolidation. Instead, JCEs that meet the definition of a joint venture must be accounted for using the equity method.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Based on preliminary analyses, no material impact is expected on the consolidated financial position and performance of the Company and subsidiaries.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">IFRS 12 includes all of the disclosures that were previously in IAS 27 related to consolidated financial statements, as well as all of the disclosures that were previously included in IAS 31 and IAS 28. These disclosures relate to an entity&#8217;s interests in subsidiaries, joint arrangements, associates and structured entities.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">A number of new disclosures are also required, but it has no impact on the consolidated financial position or performance of the Company and subsidiaries.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=symbol>&#183;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">IFRS 13 Fair Value Measurement</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">IFRS 13 establishes a single source of guidance under IFRS for all fair value measurements. IFRS 13 does not change when an entity is required to use fair value, but rather provides guidance on how to measure fair value under IFRS when fair value is required or permitted. Based on preliminary analyses, no material impact is expected on the consolidated financial position and performance of the Company and subsidiaries.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=symbol>&#183;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">Annual Improvements May 2012</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">These improvements will not have an impact on the Company and its subsidiaries:</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -14.2pt; MARGIN: 0in 0in 0pt 49.65pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=arial,sans-serif>-</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">IFRS 1 First-time Adoption of International Financial Reporting Standards</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.65pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">This improvement clarifies that an entity that stopped applying IFRS in the past and chooses, or is required, to apply IFRS, has the option to re-apply IFRS 1. If IFRS 1 is not re-applied, an entity must retrospectively restate its financial statements as if it had never stopped applying IFRS.</FONT></P>

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<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0in 0.25in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US face="times new roman">PERUSAHAAN PERSEROAN (PERSERO)</FONT></B></P>

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<A href="#TOC"><B><U><FONT style="FONT-SIZE: 8pt" lang=EN-US color=blue face="times new roman">TABLE OF CONTEN<FONT style="FONT-SIZE: 8pt" face="Times New Roman">TS</FONT></FONT></U></B></A></P>

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<P></P>43.&nbsp; NEW STANDARDS AND INTERPRETATIONS NOT YET ADOPTED (continued)</FONT></B></DIV></DIV>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt"><U><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="Times New Roman">Effective for annual periods beginning on or after January 1, 2013 (continued)</FONT></U></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.65pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">This improvement clarifies the difference between voluntary additional comparative information and the minimum required comparative information. Generally, the minimum required comparative information is the information for the previous period.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.65pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">This improvement clarifies that major spare parts and servicing equipment that meet the definition of property and equipment are not classified as inventories.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.65pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">This improvement clarifies that income taxes arising from distributions to equity holders are accounted for in accordance with IAS 12 Income Taxes.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 49.65pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">The amendment aligns the disclosure requirements for total segment assets with total segment liabilities in interim financial statements. This clarification also ensures that interim disclosures are aligned with annual disclosures.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=symbol>&#183;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">IAS 32 Offsetting Financial Assets and Financial Liabilities - Amendments to IAS 32 </FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">These amendments clarify the meaning of &#8220;currently has a legally enforceable right to set off&#8221;. The amendments also clarify the application of the IAS 32 offsetting criteria to settlement systems (such as central clearing house systems) which apply gross settlement mechanisms that are not simultaneous. These amendments are not expected to impact the Company and its subsidiaries&#8217; <FONT style="FONT-SIZE: 10pt" face="Times New Roman">consolidated </FONT>financial position or performance and become effective for annual periods beginning on or after January 1, 2014.</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -17.85pt; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face=symbol>&#183;</FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 7pt" lang=EN-US color=windowtext face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">IFRS 9 Financial Instruments: Classification and Measurement</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 35.45pt"><FONT style="LINE-HEIGHT: 97%; FONT-SIZE: 10pt" lang=EN-US color=windowtext face="times new roman">IFRS 9, as issued, reflects the first phase of the IASB&#8217;s work on the replacement of IAS 39 and applies to classification and measurement of financial assets and financial liabilities as defined in IAS 39. The standard was initially effective for annual periods beginning on or after January 1, 2013, but Amendments to IFRS 9 Mandatory Effective Date of IFRS 9 and Transition Disclosures, issued in December 2011, moved the mandatory effective date to January 1, 2015. In subsequent phases, the IASB will address hedge accounting and impairment of financial assets. The adoption of the first phase of IFRS 9 will have an effect on the classification and measurement of the Company and its subsidiaries&#8217; financial assets, but will not have an impact on the classification and measurements of financial liabilities. The Company and its subsidiaries will quantify the effect in conjunction with the other phases, when the final standard, including all phases, is issued.</FONT></P>

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<TYPE>EX-1.1
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<FILENAME>exhibit11.htm
<DESCRIPTION>ARTICLE OF ASSOCIATION, AS AMENDED ON JUNE 7, 2012
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<P style="TEXT-ALIGN: right; MARGIN: 0in 0in 12pt" align=right><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Exhibit 1.1</FONT></P>

<P style="TEXT-ALIGN: right; MARGIN: 0in 0in 12pt" align=right><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Unofficial Translation</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">STATEMENT OF RESOLUTIONS OF ANNUAL GENERAL MEETING OF SHAREHOLDERS</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8220;PERUSAHAAN PERSEROAN (PERSERO) PT TELEKOMUNIKASI INDONESIA TBK&#8221;</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Number: 30.-</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">On this day, Thursday, dated (7-6-2012) the seventh day of June two thousand and twelve, at forty minutes past eleven hours (11.40) Western Indonesia Standard Time.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Appears before me, </FONT><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">ASHOYA RATAM</FONT></B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">, Sarjana Hukum, Notary Magister, Notary in South Jakarta, in the presence of witnesses known to me, Notary, and who will be mentioned at the end of this deed:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.25in"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Mr. ARIEF YAHYA</FONT></B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">, born in Banyuwangi, on second day of April one thousand nine hundred and sixty one (2-4-1961), Indonesian National, Chief Executive Officer of &#8220;PERUSAHAAN PERSEROAN (PERSERO) PT TELEKOMUNIKASI INDONESIA TBK&#8221;, residing in Bandung, at Bongo number: 1, Kelurahan Turangga, Kecamatan Lengkong, Bandung, holder of Resident Identity Card (KTP) number: 32.7320.020461.0003; </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.25in"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Temporarily reside in Jakarta</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</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="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">according to his statement in this matter acting in his aforementioned capacity representing the Board of Directors of and as such acting for and on behalf of and lawfully representing limited liability company &#8220;PERUSAHAAN PERSEROAN (PERSERO) PT TELEKOMUNIKASI INDONESIA TBK&#8221;, domiciled in Bandung Municipality, addressed at Jalan Japati number 1, Bandung 40133, the Articles of Association of which have been adjusted to </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">the Limited Liability Company Law number 40 Year 2007 </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">(hereinafter shall be referred to as the </FONT><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8220;</FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Limited Liability Company Law</FONT><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8221;</FONT></B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">, the State Ownership Enterprise Law number 19 year 2003 </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">(hereinafter shall be referred to as the &#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">State Ownership Enterprise Law&#8221;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">) </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">and Regulation of Capital Market and Financial Institution Supervisory Agency number: IX.J.1 on Main Subject of Articles of Association of Companies Performing Public Offering of Equity Securities and Public Companies </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">(hereinafter shall be referred to as the &#8220;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Regulation of Capital Market and Financial Institution Supervisory Agency number: IX.J.1&#8221;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">);&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> as published in:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.75in"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">State Gazette of the Republic of Indonesia dated the seventeen day of October two thousand and eight (17-10-2008) number: 84, Supplement Number: 20155/2008;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.75in"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">State Gazette of the Republic of Indonesia dated the ninth day of August two thousand and eleven (9-8-2011) number: 63, Supplement Number: 23552/2011;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.75in"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">whereas the last change of composition of members of Board of Directors and Board of Commissioners of the limited liability company is contained in notary deed Doktor Amrul Partomuan Pohan, Sarjana Hukum, Lex Legibus Magister, was Notary in Jakarta, which its protocol handed to me, Notary, dated the seventeenth day of December two thousand and ten (17-12-2010) number: 33</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.75in"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">whereas the last change of composition of members of Board of Directors and Board of Commissioners of the limited liability company is contained in notary deed dated the seventeenth day of December two thousand and ten (17-12-2010) number: 33, prepared before Doktor Amrul Partomuan Pohan, Sarjana Hukum, Lex Legibus Magister, was Notary in Jakarta, which its protocol handed to me, Notary;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.5in"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">(hereinafter </FONT><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8220;PERUSAHAAN PERSEROAN (PERSERO) PT TELEKOMUNIKASI INDONESIA TBK&#8221; </FONT></B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">shall be sufficiently referred to as the </FONT><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8220;Company&#8221;</FONT></B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">);&nbsp;</FONT></P>

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<P style="TEXT-ALIGN: center">- 1 </P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.25in"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">The </FONT><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">appearer&nbsp;</FONT></B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> is known to me, Notary.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.25in"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">The appearer acting as aforementioned first states as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.75in"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">That on Friday, dated the eleven day of June two thousand and twelve (11-5-2012), at The Ritz Carlton Pacific Place, Ballroom III Floor 4 , Sudirman Central Business District, Jalan Jenderal Sudirman Kaveling 52-53, South Jakarta, an Annual General Meeting of Shareholders (hereinafter shall be referred to as the </FONT><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8220;Meeting&#8221;</FONT></B><FONT style="LETTER-SPACING: -0.15pt; 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 12pt 0.75in"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">That in the Meeting, holder of one (1) &#8216;A&#8217; Dwiwarna Share and holder of &#8216;B&#8217; shares jointly representing sixteen billion five hundred and sixty four million six hundred and twenty thousand and thirty-four </FONT><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">(16,564,620,034)&nbsp;</FONT></B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> shares or constituting eighty-six point two one seven one percent </FONT><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">(86.2171%)&nbsp;</FONT></B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> of total shares having voting rights issued by the Company up to the day of Meeting (excluding the treasury stock), namely nineteen billion and two hundred-twelve million six hundred and seventy-three thousand eight hundred and twenty </FONT><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">(19,212,673,820)&nbsp;</FONT></B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> shares were present or represented, as such in consideration of Register of Shareholders of the Company as of the twenty five day of May two thousand and twelve (25-5-2012) up to sixteen hundred hours Western Indonesia Standard Time (16:00 WIB); therefore, the Meeting shall be entitled to pass valid and binding resolutions on any matters discussed at the Meeting because the meeting quorum requirement are fulfilled and accordance to Article 15 paragraph 1.a, Article 16 paragraph 7, Article 19 paragraph 7, and Article 27 paragraph 2 Articles of Association as apparently the Meeting is attended by the Holder of &#8216;A Dwiwarna share and any other shareholders jointly representing over two thirds (2/3) of the total number of issued shares; </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.75in"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">That this Meeting has been held with the agenda among others &#8220;Approval for Amendment of the Company&#8217;s Articles of Association and Change of the Company&#8217;s composition of members of Board of Directors and Board of Commissioners&#8221;; </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.75in"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">That the announcement of the Meeting have been published on twelve day of April two thousand and twelve (12-4-2012)</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> in &#8220;The Jakarta Post&#8221;; &#8220;Bisnis Indonesia&#8221;; and &#8220;Investor Daily&#8221; and the summons to this Meeting have been published on twenty six day of April two thousand and twelve (26-4-2012) and the revised summons to this Meeting have been published on thirty day of April two thousand and twelve (30-4-2012) in the same newspaper.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.75in"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 7pt" lang=EN-US color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">That the foregoing matters are contained in deed of &#8220;Minutes of Annual General Meeting of Shareholders of PERUSAHAAN PERSEROAN (PERSERO) PT TELEKOMUNIKASI INDONESIA Tbk, the minute of which deed was drawn up by me, Notary dated the eleven day of May two thousand and twelve (11-5-2012) number: 14 (hereinafter shall be sufficiently referred to as </FONT><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8220;Meeting Minutes&#8221;</FONT></B><FONT style="LETTER-SPACING: -0.15pt; 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 12pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</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="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Now</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">, the appearer acting as such states that he hereby restates a part of the resolutions passed in the Meeting, namely the following seventh items of the Meeting agenda as contained in Meeting Minutes, are as follows:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 27pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8220;The Meeting with absolute majority votes, namely eighty-three point six zero eight eight percent (83.6088%) of the entire votes lawfully cast in the Meeting, has resolved to approve:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</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">The </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">amendment&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> to the Company&#8217;s some Articles of Association, namely: </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</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">Article 17 paragraph 6 on Actions of the Board of Directors that should obtain the written approval of the Board of Commissioners;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</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">Article 22 paragraph 1 on the content of the Company&#8217;s Work Program and Budget;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</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">Insert 1 (one) new paragraph to paragraph 5 of Article 22 on Company&#8217;s Work Program and Budget; and</FONT></P>

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<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</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">Article 13 paragraph 2 and 3 on minimum number of newspaper for placement of advertisement and summons to a General Meeting of Shareholders; </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</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">The amendment of entire Articles of Association </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">aforementioned&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> is in accordance with the matrix of the amendment of Articles of Association that have been distributed to Company&#8217;s shareholders and explained in the Meeting.&#8221; </FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.75in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</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">The authorization to the Board of Directors of the Company with the right of substitution to declare the decision of the Meeting with respect to changes in the Articles of Association of the Company in Deed, including organizing and restate all the provisions of the Articles of Association of the Company in a subsequent Deed and apply for approval and or report to Minister of Law and Human Rights of the Republic of Indonesia, registered in the list of companies and announced in the State Gazette of the Republic of Indonesia according to the legislation.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</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">Now, the appearer acting </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">in his aforementioned capacity </FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">that he hereby restates and rearrange the Company&#8217;s entire of Articles of Association that previously amended in order to be adjusted to Limited Liability Companies Law, State-Owned Enterprises Law and Regulation of Capital Market and Financial Institution Supervisory Agency number: IX.J.1, that have been published in </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">State Gazette of the Republic of Indonesia dated seventeen day of October two thousand and eight (17-10-2008) number: 84, Supplement Number: 20155/2008</FONT><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> </FONT></B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">and State Gazette of the Republic of Indonesia dated nine day of August two thousand and eleven (9-8-2011) number: 63, Supplement number 23552/2011; and then amended as approved in seventh agenda of the Meeting.</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 12pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">&#8722;</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="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Therefore&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> the Company&#8217;s Articles of Association, shall hereinafter be written and read as follows:</FONT></P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">NAME AND DOMICILE</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article 1</FONT></B></P>

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   <P style="MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">1.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">This limited </FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">liability&nbsp;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman"> company shall bear the name of &#8220;PERUSAHAAN PERSEROAN (PERSERO) PT TELEKOMUNIKASI INDONESIA TBK&#8221; or abbreviated to </FONT><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">&#8220;PT TELKOM INDONESIA TBK (PERSERO)&#8221;,</FONT></B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman"> hereinafter shall be sufficiently referred to as the "</FONT><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Company</FONT></B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">", domiciled in Bandung Municipality</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">The Company </FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">may&nbsp;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman"> open branches or representatives in other places, in and outside the territory of the Republic of Indonesia as determined by the Board of Directors.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><STRONG><FONT size=2></FONT></STRONG>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">DURATION OF THE COMPANY</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article 2</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">This Company was established as of the twenty-fourth day of September one thousand nine hundred and ninety-one (24-09-1991) and obtained a legal entity status on the nineteenth day of November one thousand nine hundred and ninety-one (19-11-1991) under Decree of Minister of Justice Number: C2-6870. HT.01.01.th.91 as well as shall be established for an indefinite period of time.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">PURPOSE, OBJECTIVE AND BUSINESS ACTIVITY</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article 3</FONT></B></P>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">1.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">The purpose and objective of this Company shall be to provide networks and </FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">telecommunication&nbsp;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman"> and informatics services, as well as to optimize the Company&#8217;s resources, one and another with due observance of the laws and regulations.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">2.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">To attain the </FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">aforementioned&nbsp;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman"> purpose and objective, the Company may perform the following activities:</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The main business:</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">to plan, build, provide, develop, operate, market/sell/lease and maintain telecommunication and informatics network in the widest sense with due observance of the provisions of the laws and regulations;</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">2)</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; TEXT-INDENT: -22.5pt; MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">1)</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 7pt" color=black face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">to plan, develop, provide, market/sell and enhance telecommunication and informatics services in the widest sense with due observance of the provisions of the laws and regulations;</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The supporting business:</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 6pt" align=right><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black 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="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">to provide payment transaction and fund transfer services by telecommunication and informatics network;</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 6pt" align=right><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black 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="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">to perform any other activities and businesses in the framework of optimizing the resources owned by the Company, among others utilization of fixed assets and movable assets, information system facility, education and training facilities, repair and maintenance facilities. </FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center>&nbsp;</P>

<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 4 </P>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">CAPITAL</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article 4</FONT></B></P>

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   <P style="MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">1.&nbsp;&nbsp;&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="99%">

   <P style="MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">The</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> Company&#8217;s authorized capital amounts to twenty trillion Rupiah (Rp.20,000,000,000,000.-), divided into eighty billion (80,000,000,000) shares consisting of one (1) &#8216;A&#8217; </FONT><I><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna </FONT></I><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">share and seventy-nine billion nine hundred and ninety-nine million nine hundred and ninety-nine thousand nine hundred and ninety-nine (79,999,999,999) &#8216;B&#8217; shares, each share having the par value of two hundred and fifty Rupiah (Rp.250.-).</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black 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="99%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Of the aforementioned authorized capital, twenty billion one hundred and fifty-nine million nine hundred and ninety-nine thousand two hundred and eighty (20,159,999,280) shares comprising one (1) &#8216;A&#8217; </FONT><I><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> share and twenty billion one hundred and fifty-nine million nine hundred and ninety-nine thousand two hundred and seventy-nine (20,159,999,279) &#8216;B&#8217; shares having the aggregate par value of five trillion thirty-nine billion nine hundred and ninety-nine million eight hundred and twenty thousand Rupiah (Rp.5,039,999,820,000.-) that have been fully paid-up in cash have been subscribed as evident from a deed of mine, Notary, dated the sixth day of April two thousand and six (6-4-2006) number 4, which has been approved by the Minister of Law and Human Rights of the Republic of Indonesia dated the twenty-eighth day of April two thousand and six (28-4-2006) Number: C-12265 HT.01.04.TH.2006.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">3.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Shares</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> that are still in portfolio will be issued based on the Company&#8217;s requirement on the terms, amount and price determined by the Board of Directors based on the approval of a General Meeting of Shareholders provided, however, that before being approved by a General Meeting of Shareholders, the Board of Directors shall have obtained the written recommendation of the Board of Commissioners and the price of shares is not below par, and with due observance of the provisions of the Articles of Association and the laws and regulations in Capital Market in Indonesia.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black 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="99%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">If shares </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">that&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> are still in portfolio will be issued by rights issue to the shareholders, all shareholders whose names have been recorded in the Register of Shareholders on the date specified by or based on a resolution of a General Meeting of Shareholders with due observance of the laws and regulations in Capital Market in Indonesia shall have the pre-emptive right to buy the shares to be issued (hereinafter the rights shall also be referred to as </FONT><B><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">&#8220;Rights&#8221;&nbsp;</FONT></B><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> or </FONT><B><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">&#8220;HMETD&#8221;</FONT></B><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">) and each shareholder shall receive HMETD in proportion to the number of shares recorded in his name in the Register of Shareholders referred to above by cash deposit within the period specified by or based on a resolution of a General Meeting of Shareholders that approves the issue of new shares.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black 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="99%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">HMETD may be sold and transferred to any other parties with due observance of the provisions of the Articles of Association and the laws and regulations in Capital Market in Indonesia.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black 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="99%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The issue of shares by rights issue shall be first approved by a General Meeting of Shareholders at the time and in the manner and at the price and on the terms specified by the Board of Directors based on a resolution of a General Meeting of Shareholders, one another with due observance of the provisions of the Articles of Association and the laws and regulations in Capital Market in Indonesia, provided that it is not at the price below par.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">7</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Regarding the decision of the issue of shares by Rights Issue, the Board of Directors shall </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">announce&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> it in at least two (2) daily newspapers in the Indonesian language having wide circulation in the territory of the Republic of Indonesia and another one (1) in the English language, as specified by the Board of Directors.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center>&nbsp;</P>

<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 5 </P>

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   <P style="MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">8.&nbsp;&nbsp; </FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="99%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">If within the period designated by or based on a resolution of a General Meeting of Shareholders the Company&#8217;s shareholders or HMETD holders do not exercise the right to buy the </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">shares&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> offered to them by paying-off in cash, the Board of Directors shall be free to issue the shares to any shareholders or HMETD holders intending to buy the shares in a number greater than their exercised HMETD portion, provided that if the number of shares to be subscribed in excess of the number of their HMETD portion exceeds the number of remaining shares, the number of remaining shares shall be allocated between the shareholders or HMETD holders intending to buy more shares, respectively in proportion to the number of exercised HMETD, as such with due observance of the laws and regulations in Capital Market in Indonesia.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black 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="99%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">If after the allocation there are shares remaining unsubscribed, the remaining shares shall be issued by the Board of Directors to any party who has stated his readiness to buy the </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">remaining&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> shares at the price not lower than and subject to the terms specified by a General Meeting of Shareholders approving the issue of shares, one another with due observance of the provisions of the Articles of Association and the laws and regulations in Capital Market in Indonesia.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black 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="99%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The provisions in paragraphs 4 to 9 of this Article shall also apply mutatis mutandis in case the Company issues convertible bonds and/or warrants and/or any other securities of similar type, </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">one&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> another with due observance of the provisions of the Articles of Association and the laws and regulations in Capital Market in Indonesia.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">11.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">With respect to the issue of shares that are still in portfolio to the holders of convertible bonds, warrants </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">and</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">/or any other securities of similar type, the Company&#8217;s Board of Directors shall have the authority to issue the shares without giving any pre-emptive right to the then existing shareholders to buy the intended shares, one another with due observance of the provisions contained in the Articles of Association and the laws and regulations in Capital Market in Indonesia.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black 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="99%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors shall also be authorized to issue shares that are still in portfolio, convertible bonds, warrants and/or any other convertible securities, without giving HMETD to the existing shareholders, including by private placement or public offering provided, </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">however</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">, that the issue of shares, convertible bonds, warrants and/or any other convertible securities shall be subject to a prior approval of a General Meeting of Shareholders with due observance of the laws and regulations in Capital Market in Indonesia.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">13.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="99%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The provisions contained in paragraphs 4 to 12 of this Article shall mutatis mutandis also apply if there is an increase of the authorized capital to be followed by further shares placement.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black 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="99%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Any resolution of a General Meeting of Shareholders referred to in paragraphs 4 to 12 of this Article shall be attended and approved by the holder of &#8216;A&#8217; </FONT><I><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna </FONT></I><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">share.&nbsp;</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.25in">&nbsp;</P>

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<P style="TEXT-ALIGN: center">- 6 </P>

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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=black face="times new roman">SHARES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article
5</FONT></B></P>
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      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The Company&#8217;s
      entire shares are registered shares and issued in the name of their owners
      who are recorded in the Register of Shareholders consisting of &#8216;A&#8217;
      </FONT><I><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> share, which
      is exclusively held by the Republic of Indonesia and &#8216;B&#8217; shares, which may
      be held by the public.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">&#8216;A&#8217;
      </FONT><I><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> share has the
      exclusive right:</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">To propose any nomination that binds and approves
      the appointment of members of the Board of Directors or members of the
      Board of Commissioners;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">To approve any amendment to Articles of
      Association, including any increase or reduction of subscribed and paid-up
      capital;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">To approve any merger, consolidation, acquisition
      and separation;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">d.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">To approve any dissolution and
      liquidation;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 6pt" align=right><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="96%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">which
      implementation shall be conducted based on the provisions of the Articles
      of Association.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The Company
      shall only recognize one person or one legal entity as the owner of one
      share, namely the person or legal entity whose name is recorded as a
      shareholder in the Register of </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Shareholders</FONT><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="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The Company
      shall provide the evidence of shares ownership in the form of a share
      certificate or collective certificate in the name of the owner who is
      recorded in the Company&#8217;s </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Register&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> of Shareholders, if the Company&#8217;s
      shares are not entered in the Collective Custody in the Depository and
      Settlement Institution with the form and content designated by the Board
      of Directors with due observance of the laws and regulations in capital
      market.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">For any shares
      </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">included&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> in the Collective Custody in the
      Depository and Settlement Institution or in the Custodian Bank
      (particularly in the framework of Collective Investment Contract), the
      Company shall issue a certificate or written confirmation to the
      Depository and Settlement Institution or in the Custodian Bank
      (particularly in the framework of Collective Investment Contract) signed
      by the Company&#8217;s Board of Directors.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The Certificate
      or written Confirmation issued by the Company for the shares included in
      the Collective </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Custody&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> shall at least
  contain:</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">the name and address of the Depository and
      Settlement Institution or the Custodian Bank executing the relevant
      Collective Custody;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">the date of issue of written
      confirmation;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">the number of shares covered in the written
      confirmation;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">d.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">the amount of share par value covered in the
      written confirmation;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT>&nbsp;</P>
<a name="_bclFooter7"></a><DIV>
<DIV>
<DIV align=left>&nbsp;</DIV></DIV>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV></DIV>
<P style="TEXT-ALIGN: center">- 7 </P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_8></A>
<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">
<a name="_bclHeader8"></a><DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">e.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">the provisions that each share in the Collective
      Custody with the same classification is equal and exchangeable one to
      another.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">If a share for
      any </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">reasons&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> becomes the
      possession of several persons, those joint owners shall be required to
      appoint in writing one of them or any other person as their joint proxy
      and only the name of the authorized or appointed person is entered in the
      Register of Shareholders and shall be considered the shareholder of the
      relevant share and entitled to exercise any rights conferred by the law on
      such share.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">In so far the
      provision of paragraph 7 above has not yet been complied with, the
      shareholder shall not be entitled to cast vote in any General Meeting of
      Shareholders, while the dividend payment for the share shall be
      suspended.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">All shares
      issued by the company may be encumbered with due observance of the
      provisions of the </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">laws&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> and regulations on the encumbrance of
      shares, the laws and regulations in Capital Market in Indonesia and UUPT
      (Law of Limited Liability Companies).</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Each
      shareholder shall, by law, be subject to the Articles of Association and
      any resolutions validly passed in any General Meeting of Shareholders and
      the laws and regulations.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Any shares of
      the Company listed on the Stock Exchange in Indonesia shall be subject to
      the laws and </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">regulations&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> in Capital
      Market in Indonesia.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">REPLACEMENT OF SHARE CERTIFICATE </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article
6</FONT></B></P>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR style="HEIGHT: 12.25pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">1.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">If a share
      certificate is damaged or no longer useable, at the written request of the
      share certificate holder to the Company&#8217;s Board of Directors by presenting
      a proof of no longer usable </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">share&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> certificate, the Board of Directors
      shall issue a replacement of share certificate bearing the same number as
      the original number. Any cost to replace the share certificate shall be
      for the account and at the expense of the relevant
    shareholder.</FONT></P></TD></TR>
  <TR style="HEIGHT: 12.25pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">2.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The original
      share certificate as referred to in paragraph 1 shall then be destroyed by
      the Board of Directors in the next Board of Directors meeting, and such
      event shall be articulated in minutes to be reported in the next General
      Meeting of Shareholders.</FONT></P></TD></TR>
  <TR style="HEIGHT: 12.25pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">3.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">If a share
      certificate is lost or totally damaged, the relevant shareholder
      submitting the written request to the Board of Directors in order to
      obtain its replacement shall be given the replacement and any incurring
      cost shall be for the account and at the expense of the relevant
      shareholder, provided that he could present a proof of reporting document
      from the </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Police&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> of the
      Republic of Indonesia on the loss of share or any proof acceptable to the
      Board of Directors evidencing that the share certificate is truly totally
      lost and provide the adequate guarantee as deemed necessary by the Board
      of Directors for any particular event.</FONT></P></TD></TR>
  <TR style="HEIGHT: 12.25pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">4.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The issue of
      any </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">replacement&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> for a lost
      share certificate listed on the Stock Exchange in Indonesia shall be
      subject to the laws and regulations in Capital Market in Indonesia and the
      regulations of Stock Exchange in Indonesia in the place where the
      Company&#8217;s shares are listed and required to be announced in the Stock
      Exchange where the Company&#8217;s shares are listed based on the regulations of
      Stock Exchange in Indonesia where the Company&#8217;s shares are
      listed.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT>&nbsp;</P>
<a name="_bclFooter8"></a><DIV>
<DIV>
<DIV align=left>&nbsp;</DIV></DIV>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV></DIV>
<P style="TEXT-ALIGN: center">- 8 </P>
<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%">
<a name="_bclHeader9"></a><DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR style="HEIGHT: 12.25pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">5.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The issue of
      any replacement for a share certificate based on this article shall render
      the original share certificate </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">to&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> be null and void.</FONT></P></TD></TR>
  <TR style="HEIGHT: 12.25pt">
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">6.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; HEIGHT: 12.25pt; PADDING-TOP: 0in" vAlign=top width="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The provisions
      in this Article 6 shall also apply mutatis mutandis to the issue of
      replacement for any </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">collective&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> certificate or
      written confirmation.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">REGISTER
OF SHAREHOLDERS AND SPECIAL REGISTER</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article
7</FONT></B></P>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The Board of
      Directors </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">or&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> its appointed
      proxy shall be required to keep and maintain a Register of Shareholders
      and Special Register in the Company&#8217;s domicile.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The Register of
      Shareholders shall contain:</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">the name and address of
  shareholders;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">the number, serial number and date of acquisition
      of share certificates or collective certificates owned by the
      shareholders;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">the amount paid for each share;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">the name and address of any person or legal entity
      having the lien on shares or being the fiduciary grantee and the date of
      acquisition of lien or the date of registration of fiduciary security,
      and;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">d.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">any other particulars deemed necessary by the Board
      of Directors and/or required by the laws and regulations;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Special Register shall contain any information
      on the shares ownership of members of the Board of Directors and Board of
      Commissioners and their families in the Company and/or in any </FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">other&nbsp;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman"> Companies and the date of acquisition of the
      shares</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Any change of
      address of the shareholders shall be notified in writing.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">In so far the
      notification has </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">not&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> been received, any correspondence to
      the shareholders or any summons and notice to a General Meeting of
      Shareholders shall be delivered to the shareholders&#8217; addresses latest
      recorded in the Company&#8217;s Register of Shareholders.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The Board of
      Directors shall keep and maintain the Register of Shareholders and Special
      Register in the best </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">possible&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> way.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors may appoint and give
      authority to the Securities Administration Bureau to execute the
      recordation and administration of the Company&#8217;s shares in the Register of
      Shareholders.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Any shareholder shall be entitled to see the
      Register of Shareholders and Special Register relating to him during the
      Company&#8217;s office working hours.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt">&nbsp;</P>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: center">- 9 </P>
<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%">
<a name="_bclHeader10"></a><DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Any recordation and/or alteration to the Register
      of Shareholders shall be approved by the Board of Directors and proven by
      the signing of the record of such alteration by the President Director and
      President Commissioner or their authorized proxy, or by the Securities
      Administration Bureau appointed by the Board of Directors, based on the
      laws and regulations in Capital Market in Indonesia.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Any registration or recordation in the Register of
      Shareholders, including any recordation of any sale, transfer,
      encumbrance, pledge or cession relating to any shares or right to or
      interest in shares to be conducted based on the provisions of these
      Articles of Association and any shares listed on the Stock Exchange of
      Indonesia shall be subject to the laws and regulations in Capital Market
      in Indonesia.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">At the request of the relevant shareholders or
      pledgee, any pledge of share shall be recorded in the Register of
      Shareholders in the manner to be determined by the Board of Directors
      based on satisfying</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> proof acceptable to the Board of Directors
      regarding the relevant pledge of share. The recognition of the pledge of
      share by the Company as required in Article 1153 of the Civil Code shall
      be proven only from the recordation of the pledge of share in the Register
      of Shareholders.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">COLLECTIVE
CUSTODY</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article
8</FONT></B></P>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Any shares in
      the Collective Custody in the Depository and Settlement Institution shall
      be recorded in the Register of Shareholders in the name of the Depository
      and </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Settlement Institution in the interest
      of all Securities account holders in the Depository and Settlement
      Institution.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Any shares in the Collective Custody in the
      Custodian Bank or the Securities Company shall be recorded in the
      Securities account in the Depository and Settlement Institution in the
      name of the Custodian Bank or the relevant Securities Company in the
      interest of all Securities account holders in the Custodian Bank or
      Securities Company.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">If the shares in the Collective Custody in the
      Custodian Bank constitute a part of portfolio of Investment Fund
      Securities in the form of Collective Investment Contract and not included
      in the Collective Custody in the Depository and Settlement Institution,
      the Company shall record the shares in the Register of Shareholders in the
      name of the Custodian Bank in the interest of all holders of Investment
      Fund participation Unit in the form of Collective Investment
      Contract.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">The Company shall issue</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> a certificate
      or written confirmation to the Depository and Settlement Institution as
      referred to in paragraph 1 of this Article or the Custodian Bank as
      referred to in paragraph 3 of this Article, as a proof of recordation in
      the Register of Shareholders.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The company
      shall transfer the shares in the Collective Custody registered in the name
      of the Depository and Settlement Institution or Custodian Bank for
      Investment Fund in the form </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">of Collective Investment Contract in the Register
      of Shareholders to the name of the party appointed by the Depository and
      Settlement Institution or the Custodian Bank. The request for transfer by
      the Depository and Settlement Institution or Custodian Bank shall be
      submitted in writing to the Company or Securities Administration Bureau
      appointed by the Company.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center>&nbsp;</P>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: center">- 10 </P>
<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%">
<a name="_bclHeader11"></a><DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">The Depository and Settlement Institution,
      Custodian Bank or Securities Company shall, if requested by the relevant
      shareholder, issue a recordation note as confirmation to the shareholder
      becoming the holder of securities account and as a proof of recordation
      with respect to the holding of a number of shares by the relevant
      shareholder as recorded in his Securities account in the Collective
      Custody, provided, however, that the recordation note as the confirmation
      shall be signed in the name of the Depository and Settlement Institution
      or Custodian Bank or the Securities Company maintaining the Collective
      Custody as a proof of recordation in the Securities
  account.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">In the Collective Custody, any share issued by the
      Company from the same classification shall be equal</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> and
      exchangeable one to another.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The Company
      shall refuse the recordation of shares transfer to the Collective Custody,
      if the shares are lost or destroyed, unless the shareholder asking for
      such transfer could provide an adequate proof of guarantee properly
      acceptable to the Company that the relevant shareholder is truly the
      beneficial owner of the lost or destroyed shares and the shares are truly
      lost or destroyed.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The Company
      shall refuse to record any transfer of shares to the Collective Custody,
      if the shares are </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">pledged, placed under seizure based on the Court&#8217;s
      order or seized for examination of any criminal case.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Any Securities account holder whose shares are
      recorded in the Collective Custody in the Depository and Settlement
      Institution or the Securities sub-account holder, whose shares are
      recorded in the Securities account owned by the Custodian Bank or the
      Securities Company shall be entitled to cast votes in any General Meeting
      of Shareholders proportionate to the number of shares he owns in the
      Securities account.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Any Securities account holder entitled to cast vote
      in a General Meeting of Shareholders shall be a party whose name is
      recorded as a Securities account holder in the Depository and Settlement
      Institution or whose name is recorded as a Securities sub-account holder
      in the Securities account owned by the Custodian Bank or the Securities
      Company one (1) workday prior to the date of summons to the General
      Meeting of Shareholders.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">The Custodian Bank or Securities Company shall
      submit a list of Securities account holders or Securities sub-account
      holders and the number of shares of the Company held by the respective
      Securities</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> account holders or Securities sub-account holders
      in the Custodian Bank or Securities Company to be further submitted to the
      Company no later than one (1) workday prior to the date of summons to the
      General Meeting of Shareholders to be recorded in the Register of
      Shareholders especially maintained in the framework of the holding of the
      relevant General Meeting of Shareholders.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">13.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The Investment
      Manager shall have the right to be present and cast vote in a General
      Meeting of Shareholders </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">for&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> any shares included in the Collective
      Custody in the Custodian Bank constituting a part of the Investment Fund
      Securities portfolio in the form of Collective Investment Contract and not
      included in the Collective Custody in the Depository and Settlement
      Institution, provided, however, that the Custodian Bank gives the name of
      the Investment Manager at the latest one (1) workday prior to the date of
      summons to the General Meeting of
Shareholders.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.25in"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.25in"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>
<a name="_bclFooter11"></a><DIV>
<DIV>
<DIV align=left>
<TABLE style="WIDTH: 0px" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top align=left>
      <P style="MARGIN: 0in 0in 0pt"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 8pt" face=Courier></FONT></FONT><FONT style="FONT-SIZE: 8pt" face=Courier>11</FONT></P></TD></TR></TABLE></DIV></DIV>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV></DIV>
<P style="TEXT-ALIGN: center">- 11 </P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_12></A>
<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">
<a name="_bclHeader12"></a><DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The Company
      shall submit the dividends, bonus shares, or any other rights in
      connection with the ownership of shares in the Collective Custody to the
      Depository and Settlement </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Institution, and further the Depository and
      Settlement Institution shall submit the dividends, bonus shares, or any
      other rights to the Custodian Bank and or the Securities Company listed as
      the account holders in the Depository and Settlement Institution, to be
      further presented to the Securities account holders in the Custodian Bank
      and/or Securities Company.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">The Company shall submit the dividends, bonus
      shares or any other rights in connection with the ownership of shares to
      the Custodian Bank for the shares in the Collective Custody of the
      Custodian Bank constituting a part of the Investment Fund Securities
      portfolio in the form of Collective Investment Contract and not included
      in the Collective Custody in the Depository and Settlement
      Institution.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">16.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">The deadline for deciding the Securities account
      holders entitled to receive dividends, bonus shares, or any other rights
      in connection with the ownership of shares in the Collective Custody shall
      be determined by or based on a resolution of a General Meeting of
      Shareholders</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">, provided, however, that the Custodian Bank and
      Securities Company shall submit a list of the Securities account holders
      and the number of shares of the Company owned by the respective Securities
      account holders on the date serving as the basis for deciding the
      shareholders entitled to receive dividends, bonus shares or any other
      rights to the Depository and Settlement Institution, which shall further
      submit the consolidated list to the Company&#8217;s Board of Directors at the
      latest one (1) workday after the date that serves as the basis for
      deciding the shareholders entitled to receive the dividends, bonus shares
      or other rights.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">TRANSFER
OF SHARES</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article
9</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=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">In case of any
      change of ownership of a share, the original owner who has been recorded
      in the Register of Shareholders shall remain considered as the shareholder
      until the name </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">of the new shareholder has been recorded in the
      Company&#8217;s Register of Shareholders with due observance of the laws and
      regulations and provisions of Stock Exchange in Indonesia, where the
      Company&#8217;s shares are listed.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Any transfer of shares shall be based on a deed of
      transfer signed by the transferor and the transferee or their authorized
      representatives or based on other documents adequately proving such
      transfer in the opinion of the Board of Directors without prejudice to the
      provisions herein and with due observance of the laws and regulations in
      Capital Market in Indonesia.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">The Deed of transfer or any other documents as
      referred to in paragraph 2 shall be in the form as specified
      by</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">
      and/or acceptable to the Board of Directors and the copies of which shall
      be submitted in writing to the Company, provided that the document of
      transfer of shares listed on the Stock Exchange in Indonesia complies with
      the laws and regulations in Capital Market in Indonesia, including the
      regulations prevailing in Stock Exchange in Indonesia, where the Company&#8217;s
      shares are listed.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The
      </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">transfer of shares included in the Collective
      Custody shall be conducted by account transfer from one Securities account
      to the other Securities account in the Depository and Settlement
      Institution, Custodian Bank and Securities
  Company.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.25in"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>
<a name="_bclFooter12"></a><DIV>
<DIV>
<DIV align=left>&nbsp;</DIV></DIV>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV></DIV>
<P style="TEXT-ALIGN: center">- 12 </P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_13></A>
<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">
<a name="_bclHeader13"></a><DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">The transfer of shares shall be allowed only if all
      provisions in the Articles of Association have been complied
      with.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">The transfer of shares shall be properly recorded
      in the Register of Shareholders, relevant share certificate and collective
      certificate.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">The record shall be signed by the President
      Director and President Commissioner or their authorized proxies or by the
      Administration Bureau appointed by the Board of
Directors.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors may, at its own discretion
      and by giving the reason therefor, refuse to record any transfer of shares
      in the Register of Shareholders, if the provisions in the Articles of
      Association are not complied with or if any of the requirements of the
      transfer of shares is not fulfilled.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">If the Board of Directors refuses to record the
      transfer of shares, the Board of Directors shall deliver a notice of
      refusal to the party intending to transfer his right at the latest thirty
      (30) days after the date the request for registration is received by the
      Board of Directors, provided</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">, however, that the Company&#8217;s shares
      listed on the Stock Exchange in Indonesia shall be subject to the laws and
      regulations in Capital Market in Indonesia.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The
      </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Register of Shareholders shall be closed one (1)
      workday prior to the date of advertisement of the summons to a General
      Meeting of Shareholders, to decide the names of shareholders who are
      entitled to attend the meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Any person obtaining the right to a share for the
      death of a shareholder or for any other reason causing the ownership of a
      share to be legally transferred shall, by submitting a written request and
      attaching his proof of right as required by the Board of Directors, be
      registered as a holder of the share.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">The registration shall only be conducted if the
      Board of Directors can well accept the proof of transfer without prejudice
      to the provisions in the Articles of Association and the laws and
      regulations in Capital Market in Indonesia.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">13.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">All limitation, prohibition and provisions in the
      Articles of Association regulating the right to transfer shares and the
      registration of the transfer of shares shall also apply mutatis mutandis
      to any transfer based on paragraph 10 of this Article.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Any transfer of shares listed on the Stock Exchange
      in Indonesia shall be subject to the provisions of the laws and
      regulations in Capital Market in Indonesia, while the right to &#8216;A&#8217;
      Dwiwarna s</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">hare shall be non-transferable to any party
      whosoever.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.25in">&nbsp;</P>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: center">- 13 </P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_14></A>
<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">
<a name="_bclHeader14"></a><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=black face="times new roman">GENERAL
MEETING OF SHAREHOLDERS </FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article
10</FONT></B></P>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">General
      </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Meeting&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> of Shareholders in the Company shall
      be:</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Annual General Meeting of Shareholders as referred
      to in Article 11 hereof.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Other General Meeting of Shareholders, hereinafter
      referred to as Extraordinary General Meeting of Shareholders, i.e. the
      General Meeting of Shareholders held at any time deemed necessary as
      regulated in Article 12 hereof.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The term
      General Meeting of Shareholders herein shall mean both, i.e. the Annual
      General Meeting </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">of&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> Shareholders and Extraordinary General
      Meeting of Shareholders, unless expressly stated
  otherwise.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">A General
      Meeting of Shareholders, in miscellaneous items of the agenda, shall not
      be entitled to pass any resolutions, unless all Shareholders are present
      and/or represented in the General Meeting </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">of&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> Shareholders and approve the addition
      to the items of the meeting agenda, and the decision on the additional
      agenda items of the General Meeting of Shareholders shall be unanimously
      approved.</FONT></P></TD></TR></TABLE></DIV>
<a name="_bclFooter14"></a><DIV>
<DIV>
<DIV align=left>&nbsp;</DIV></DIV>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV></DIV>
<P style="TEXT-ALIGN: center">- 14 </P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_15></A>
<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">
<a name="_bclHeader15"></a><DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">ANNUAL GENERAL MEETING OF
SHAREHOLDERS</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article
11</FONT></B></P>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">An Annual
      General Meeting of Shareholders shall be held annually, at the latest at
      the end of June each year </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">after&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> the closing of the Company&#8217;s books and
      accounts.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">In an Annual
      General </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Meeting&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> of
      Shareholders:</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors shall submit an annual
      report as referred to in Article 23 paragraph 7.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors shall propose the Company&#8217;s
      profit appropriation.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">A public accountant firm registered in the Capital
      Market Supervisory Agency as proposed by the Board of Commissioners shall
      be appointed to conduct an audit on the Company&#8217;s Financial Statements of
      the current year, including the internal control audit on the financial
      reporting subject to the prevailing provisions of the capital market
      authority where the Company&#8217;s shares are registered and/or
      listed.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">d.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors may propose any other
      matters in the Company&#8217;s interest based on the provisions of the Articles
      of Association.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The approval of
      Annual Report, including the ratification of financial statements by an
      Annual General Meeting of Shareholders shall mean giving full acquittal
      and discharge to members of the Board of Directors and Board of
      Commissioners of the management and supervision actions </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">performed&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> during the past financial year, in so
      far such action is reflected in the Annual Report and Financial
      Statements.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">If the Board of
      Directors or Board of Commissioners fails to hold an Annual General
      Meeting of Shareholders at the designated time, one (1) or more
      shareholders holding at least one tenth (1/10) of the total number of
      shares with valid voting rights shall be entitled to summon by themselves
      the Annual General Meeting of Shareholders at the expense of the Company
      subject to the permission of the Chairman of the District Court whose
      jurisdiction covers the Company&#8217;s domicile.</FONT><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; MARGIN: 0in 0in 12pt"><B><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=black 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=black face="times new roman">EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS
</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article
12</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=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The Board of
      Directors </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">shall&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> be authorized
      to hold an Extraordinary General Meeting of Shareholders.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The Board of
      Directors </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">shall&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> summon and
      hold an Extraordinary General Meeting of Shareholders at the written
      request of the Board of Commissioners or one (1) or more shareholders
      holding at least one tenth (1/10) of the total number of shares with valid
      voting rights.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The written
      request shall be submitted in writing by specifying the matters to discuss
      along with the reasons thereof.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center>&nbsp;</P>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: center">- 15 </P>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>
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<a name="_bclHeader16"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>

<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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">If the Board of Directors fails to serve notice to hold an Extraordinary General Meeting of Shareholders referred to in paragraph 2 after the period of fifteen (15) days from the receipt of the request letter to be subsequently followed by the summons based on the laws and regulations, the Board of Commissioners may serve notice and summons to the General Meeting of Shareholders by itself.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">If the Board of Commissioners fails to serve notice to hold an Extraordinary General Meeting of Shareholders as referred to in paragraph 2 after the period of fifteen (15) days from the receipt of the request letter to be subsequently followed by the summons based on the laws and regulations, the relevant shareholder signing the request letter shall be entitled to notify and convene the meeting by himself at the expense of the Company </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">subject&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> to the permission of the Chairman of District Court whose jurisdiction covers the Company&#8217;s domicile.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The holding of the meeting as referred to in paragraph 4 shall comply with the order of the Chairman of </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">District&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> Court giving such permission.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">VENUE OF AND SUMMONS TO GENERAL MEETING OF SHAREHOLDERS </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article 13</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=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">A General Meeting of Shareholders shall be held in the Company&#8217;s domicile or at the place of main activity of the Company or in the domicile of Stock Exchange in Indonesia where the Company&#8217;s shares are listed.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">At least fourteen (14) days prior to the serving of summons to a General Meeting of Shareholders </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">without&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> calculating the date of notice and date of summons, the party entitled to serve summons shall notify the shareholders by placing an advertisement in at least two (2) daily newspapers in the Indonesian language having wide circulation in the territory of the Republic of Indonesia and in other media in accordance with rules and regulations of capital markets.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The summons to a General Meeting of Shareholders shall be served to the shareholders by advertisement in at least two (2) daily newspapers in the Indonesian language having wide circulation in the territory of the Republic of Indonesia and in other media in accordance with rules and regulation of capital markets.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The summons to a General Meeting of Shareholders shall contain the day, date, time, venue and agenda of the meeting along with the information that the materials to discuss in the meeting are available in the Company&#8217;s office from the day of summons until the date of </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">meeting</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">. The summons to an Annual General Meeting of Shareholders shall also contain that the annual report referred to in Article 23 has been made available in the Company&#8217;s office effective from the date of summons to the meeting and that copies of the balance sheet and profit/loss accounts of the previously passing financial year can be obtained from the Company at the written request of the shareholders.</FONT></P></TD></TR></TABLE></DIV>

<P style="MARGIN: 0in 0in 12pt">&nbsp;</P>

<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 16 </P>

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<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>

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<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Any proposal of the </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">shareholders&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> shall be entered in the agenda of a General Meeting of Shareholders if:</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="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">the relevant proposal has been submitted in writing to the Board of Directors by one or more Shareholders holding at least one tenth (1/10) of the total number of shares with valid voting rights;</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="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The relevant proposal has been received by the Board of Directors at least seven (7) days prior to the date of summons to the relevant meeting.</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">in the opinion of the Board of Directors, the proposal is considered directly relating to the Company&#8217;s business.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">CHAIRMAN AND MINUTES OF GENERAL MEETING OF SHAREHOLDERS </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article 14</FONT></B></P>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The General Meeting of Shareholders shall be presided over by the President Commissioner.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">In case the President Commissioner is absent or prevented for any reasons whatsoever, of which impediment </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">no&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> evidence to any third party shall be required, the General Meeting of Shareholders shall be presided over by a member of the Board of Commissioners.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">In case none of members of the Board of Commissioners is present or they are all prevented for any reasons, of which impediment no evidence to any third party shall be required, the General </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Meeting&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> of Shareholders shall be presided over by the President Director.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">In case the President Director is absent or prevented for any reasons whatsoever, of which impediment no evidence to any third party shall be required, the General Meeting of Shareholders shall be presided over by Vice President Director.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">In case Vice President Director is absent or prevented for any reasons whatsoever, of which impediment no </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">evidence&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> to any third party shall be required, or in case no Vice President Director is appointed, the General Meeting of Shareholders shall be presided over by any member of the Board of Directors.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">In case none of members of the Board of Directors is present or they are all prevented for any reasons whatsoever, of which impediment no evidence to any third party shall be required, the </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">General Meeting of Shareholders shall be presided over by a person elected by and from amongst those present in the General Meeting of Shareholders.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">The meeting participants shall prove their authority to be present in the meeting, i.e. based on the requirements specified by the Board of Directors or Board of Commissioners contained in the summons to the meeting provided, however, that any shares listed on the Stock Exchange in Indonesia shall be subject to the laws and regulations in Capital Market in Indonesia.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Meeting Minutes of anything discussed and resolved in a General Meeting of Shareholders shall be drawn up by the Notary.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">The Meeting Minutes shall serve as valid evidence to all shareholders and any third party on any resolutions</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> and any proceedings of the meeting.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt">&nbsp;</P>

<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 17 </P>

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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=black face="times new roman">QUORUM, VOTING RIGHTS AND RESOLUTIONS </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article 15</FONT></B></P>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">A General Meeting of Shareholders may be held if it is attended by the shareholders representing more than a half (1/2) of the total number of shares with voting rights issued by the Company, unless otherwise herein contained.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Failing to reach the quorum referred to in paragraph 1.a., the summons to the second meeting may be served without being preceded by any announcement/notice about the serving of the summons to the Meeting.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The summons to the second meeting shall contain that the first meeting has been held but failing to reach the prescribed quorum.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The second meeting shall be held at the earliest ten (10) days and at the latest twenty-one (21) days effective from the First Meeting on the same terms and with the same agenda as required for the First Meeting, except for the quorum requirements specified in point d and the summons that shall be served at the latest seven (7) days prior to the second meeting without calculating the date of summons and the date of Meeting.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">d.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The second meeting shall be valid and entitled to pass binding resolutions, if it is attended by the shareholders or the authorized proxies of the shareholders holding at least one third (1/3) of the total number of shares with valid voting rights.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">e.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Failing to reach the quorum of the second meeting, at the Company&#8217;s request, a third meeting may be held with the quorum of attendance, number of votes to pass resolutions, summons and time to hold the Meeting to be determined by the authorized agency based on the laws and regulations.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">2.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">A shareholder may be represented by any other shareholder or any other person by virtue of power of attorney.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The power of attorney shall be prepared and signed in the form decided by the Company&#8217;s Board of Directors without prejudice to the provisions of the laws and regulations on civil proof and shall be submitted to the Board of Directors at least three (3) workdays prior to the date of the relevant General Meeting of Shareholders.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The meeting chairman shall be entitled to ask that the power of attorney to represent the shareholders be shown to him in the meeting.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">3.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">In the meeting, each share shall give the right to its owner to cast one (1) vote.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">4.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Members of the </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Board&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> of Directors, members of the Board of Commissioners and employees of the Company may act as proxies in the meeting, however the votes they cast as proxies in the meeting shall not be counted in voting.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt">&nbsp;</P>

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<P style="TEXT-ALIGN: center">- 18 </P>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Voting on individuals shall be conducted by unsigned folded ballots, while on other matters shall be </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">verbally, unless the meeting chairman decides otherwise without any objection of one (1) or more shareholders jointly representing at least one-tenth (1/10) of the total number of shares with valid voting rights.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Blank votes or abstain shall be deemed issue the same votes with a majority vote of shareholders who make a vote. </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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">All resolutions shall</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> be passed in deliberation for a consensus. Failing this mode of settlement, the resolutions shall be passed by voting based on the affirmative votes of more than a half (1/2) of the number of votes cast lawfully in the meeting, unless it is determined otherwise in the Articles of Association as regulated in Article 16 paragraph 7, Article 17 paragraph 8, Article 19 paragraph 7, Article 27 paragraph 2, Article 28 paragraph 1 and Article 29 paragraph 1 hereof.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">In case the proposed resolution submitted does not obtain affirmative votes of over a half (1/2) of the number of votes cast, the voting shall be repeated on two (2) proposals obtaining the majority votes, until one of the two proposals has obtained more than a half (1/2) of the total number of votes cast.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">If the number of affirmative votes is equal to the number of negative votes, if it concerns individuals, a lot shall be drawn, but if it concerns other matters the proposal shall be considered refused.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">8.</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Any resolution relating to transactions having conflict of interests as referred to in Article 30 paragraph 1 hereof shall be passed in a General Meeting of Shareholders specially held for such purpose that is attended by independent shareholders, i.e. shareholders having no conflict of interests on such transactions (hereinafter referred to as </FONT><B><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">&#8220;Independent Shareholders&#8221;</FONT></B><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">), who have more than a half (1/2) of the total number of shares with valid voting rights held by all Independent Shareholders without prejudice to the provision of paragraph 1 point a of this Article, and the resolution shall be passed based on the affirmative votes of all Independent Shareholders who have more than a half (1/2) of the total number of shares with valid voting rights.</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">In passing any resolutions, the main shareholders, members of the Board of Directors and members of the Board of Commissioners who have conflict of interests with the transactions that are decided shall not be entitled to give any recommendations or opinions.</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="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Any resolution passed by Independent Shareholders shall be confirmed by the whole meeting quorum to be followed by all shareholders present in the meeting, including Shareholders having conflict of interests.</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">d.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">If in the first meeting, the number of Independent Shareholders who are present or represented apparently does not meet the required quorum stipulated in the first Meeting, at the Company&#8217;s request, a second meeting may be held after the summons to the meeting has been served (however without notification for the Meeting summons as referred to in Article 13), provided that the meeting is attended or represented by Independent Shareholders who hold more than a half (1/2) of the total number of shares with valid voting rights and the resolutions shall be passed based on the affirmative votes of more than a half (1/2) of the total number of shares held by the Independent Shareholders who are present / represented in the meeting.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt">&nbsp;</P>

<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 19 </P>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">e.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">If the quorum in the second meeting is also not met, at the Company&#8217;s request, the third meeting may be held with the quorum of attendance, number of votes to pass resolutions, summons and time to hold the Meeting to be determined by the Chairman of the Capital Market and Financial Institution Supervisory Agency and based on the provisions of the laws.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">9.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Any matters submitted by the shareholders during the discussion or voting in the General Meeting of Shareholders shall meet the conditions as follows:</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">in the opinion of the Meeting Chairman, they are directly relating to one of the items of the relevant meeting agenda; and</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">the matters are proposed by one or more shareholders jointly holding at least one-tenth (1/10) of the total number of shares with valid voting rights; and</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">in the Board of Directors&#8217; opinion the proposal is considered directly relating to the Company&#8217;s business.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.5in"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.25in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">BOARD OF DIRECTORS </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article 16</FONT></B></P>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">1.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The Company&#8217;s management shall be executed by the Board of Directors under the supervision of the Board of Commissioners.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors shall consist of at least three (3) members with the following composition:</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(i)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">one President Director;</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(ii)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">one Vice President Director (if appointed); and</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(iii)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">one or more Directors.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=3>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Eligible to be appointed as members of the Board of Directors shall be individual persons of Indonesian citizenship who are capable of taking legal actions, unless in the period of five (5) years prior to their appointment, they have ever:</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">been declared bankrupt;</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">become members of the Board of Directors or members of the Board of Commissioners or members of the Supervisory Board who are stated guilty of causing a Company or Public State Corporation to be declared bankrupt; or</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">been sentenced for committing an offence that harms the state&#8217;s and / or BUMN&#8217;s finance and / or relating to financial sector.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=3>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The fulfillment of the requirements referred to in paragraph 2 of this Article shall be proven by a statement signed by the prospective members of the Board of Directors and the statement is kept by the Company.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center>&nbsp;</P>

<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 20 </P>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_21"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader21"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>

<DIV align=left>

<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Besides fulfilling the requirements referred to in paragraph 2 of this Article, the appointment of members of the Board of Directors shall be conducted by considering the expertise, experience and other requirements based on the laws and regulations.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The appointment of members of the Board of Directors who do not comply with the requirements as referred to in paragraph 2 of this Article shall be null and void by law since the time when other members of the Board of Directors or Board of Commissioners find out the incompliance with such requirements.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Besides the requirements in paragraph (2) of this Article, between members of the Board of Directors and members of the Board of Commissioners, there shall be no </FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">family </FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">relationship&nbsp;</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman"> up to the third (3<SUP>rd</SUP>) degree, both in a direct line and a collateral line</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">, or any relation arising from marriage or any marital relationship (in-laws).</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">In case of any occurrence of the condition referred to above, the General Meeting of Shareholders shall be authorized to dismiss one of them.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Members of the Company&#8217;s Board of Directors shall be appointed from the candidates nominated by the Holder of &#8216;A&#8217; </FONT><I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman"> Share and have passed the nomination process based on the provisions of the laws and the nomination shall bind the General Meeting of Shareholders.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Members of the Board of Directors shall be appointed and dismissed by the General Meeting of Shareholders, which must be attended by the Holder of &#8216;A&#8217; </FONT><I><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> Share and one or more Shareholders who hold more than a half (1/2) of the total number of shares with valid voting rights issued by the Company and the meeting resolution shall be approved by the Holder of &#8216;A&#8217; </FONT><I><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> Share and one or more Shareholders holding more than a half (1/2) of the total number of votes lawfully cast in the meeting.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The term of office of each member of the Board of Directors shall be five (5) years, which mean effective from the date that determined by General Meeting of Shareholders of his appointment until the closing of the fifth General Meeting Shareholders after his appointment.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">After their term of office has expired, members of the Board of Directors may be reappointed only for one (1) term of office by the General Meeting of Shareholders.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The provisions on the term of office of members of the Board of Directors shall be without prejudice to the right of the General Meeting of Shareholders to dismiss members of the Board of Directors at any time prior to the expiration of their term of office by specifying the reason thereof.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The reasons for dismissal as referred to above shall be among others, if such members of the Board of Directors:</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">are unable to meet their duties agreed in the management contract; or</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">are unable to perform their duties properly; or</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">do not carry out the provisions of the laws and regulations and/or the provisions of the Articles of Association; or</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.25in">&nbsp;</P>

<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 21 </P>

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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>

<A name="page_22"></A>

<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader22"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>

<DIV align=left>

<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">d.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">are involved in actions harming the Company and / or the State;</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">e.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">are stated guilty by a Court&#8217;s judgment that has become final and binding;</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">f.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">have submitted a request of resignation.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Besides the reason for dismissal of members of the Board of Directors as referred to above, members of the Board of Directors may be dismissed by the General Meeting of Shareholders based on other reasons considered appropriate by the General Meeting of Shareholders in the Company&#8217;s interest and purpose.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The plan of dismissal of members of the Board of Directors as referred to in paragraph 9 of this Article shall be notified by the Holder of &#8216;A&#8217; </FONT><I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman"> Share to the Board of Directors concerned in writing within no later than fourteen (14) days prior to the date of the General Meeting of Shareholders.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The decision of dismissal as referred to in paragraph 9 points a, b, c and d and paragraph 10 of this Article shall be made after the persons concerned have been given the opportunity to defend themselves in the General Meeting of Shareholders. Such dismissal shall be effective as of the conclusion of the General Meeting of Shareholders deciding such dismissal.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">13.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">If for any reasons whatsoever the position of a member of the Board of Directors is vacant, such vacancy shall be filled at the latest in the next General Meeting of Shareholders.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">In so far the position is vacant and his successor is still not available or has not held the position, another Director appointed based on decision of the Board of Directors Meeting shall perform the Director&#8217;s job with the same power and authority.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">If for any reasons whatsoever the Company does not have the Board of Directors or the positions of all members of the Board of Directors are vacant, the Board of Commissioners shall temporarily take the management action.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Within no later than sixty (60) days upon such vacancy, the Company shall hold a General Meeting of Shareholders to fill the vacancy.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Members of the Board of Directors may be suspended by the Board of Commissioners as regulated in Article 20 paragraphs 8 to 12, if they act in conflict with these Articles of Association or indicate to conduct actions harming the Company or neglect their duties or there is an urgent reason for the Company.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">16.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">A member of the Board of Directors shall be entitled to resign from his position by giving a written notification regarding his intention to the Company with copy to the Holder of &#8216;A&#8217; </FONT><I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman"> Share, Board of Commissioners and other members of the Company&#8217;s Board of Directors no later than sixty (60) days prior to the date of his resignation.</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="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; 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=top width="96%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">If the request of resignation does not specify the effective date of resignation and there is no resolution of the General Meeting of Shareholders regarding such resignation, such member of the Board of Directors shall effectively resign after the period of sixty (60) days from the date of receipt of the request letter of resignation has lapsed.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.5in">&nbsp;</P>

<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 22 </P>

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<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>

<DIV align=left>

<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">17.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; 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=top width="96%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">If any member(s) of the Board of Directors resign(s), causing the number of members of the Board of Directors to become less than three (3) persons, such resignation shall be valid, if it has been resolved by the General Meeting of Shareholders and the new member(s) of the Board of Directors has/have been appointed in order to meet the required minimum number of members of the Board of Directors.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">18.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">A member of the Board of Directors who resigns before or after his term of office has expired may be requested to give accountability of his actions that has not been accounted to the General Meeting of Shareholders.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Members of the Board of Directors shall be given salary and other allowances, including retirement benefit, which amounts are determined based on a resolution of a General Meeting of Shareholders and such authority may be delegated by the General Meeting of Shareholders to the Board of Commissioners. In case the authority of the General Meeting of Shareholders is delegated to the Board of Commissioners, the amounts of salaries and allowances shall be decided based on resolution of the Board of Commissioners meeting.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The position of a member of the Board of Directors shall end, if:</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">he dies;</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">his term of office has expired;</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">he is dismissed based on a resolution of a General Meeting of Shareholders;</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">d.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">he no longer complies with the requirements as member of the Board of Directors based on the provisions of the Articles of Association and the laws and regulations.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">e.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">he resigns based on the provision of paragraph 18.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The provision referred to in paragraph 21 point d shall include, but not limited to prohibited double positions.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Members of the Board of Directors shall not serve other position concurrently as specified hereunder:</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">member of the Board of Directors in other State-Owned Enterprise, Regional-Owned Enterprise or private company or other position conducting the company&#8217;s management;</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="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">member of the Board of Commissioners / Supervisory Board in a State-Owned Enterprise;</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">other structural and functional position in the agency / institution of central or regional government;</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="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">d.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">other position based on the provisions of the laws and regulations, member of the management of political party and / or prospective / member of legislative and or prospective regional head / regional deputy head; and or</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="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">e.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">other position that may cause conflict of interests directly or indirectly with the Company and / or conflicting with the laws and regulations.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.5in">&nbsp;</P>

<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 23 </P>

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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=black face="times new roman">DUTIES AND AUTHORITIES OF THE BOARD OF DIRECTORS </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article 17</FONT></B></P>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">1.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors shall be assigned to take all actions relating to the Company&#8217;s management in the Company&#8217;s interest and according to the Company&#8217;s purpose and objective.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">2.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Each member of the Board of Directors shall have the right and authority to act for and on behalf of the Board of Directors to represent the Company in and outside the Court on any matters and in any events, to bind the Company with other party and other party with the Company, and to take all actions either regarding the management or ownership with the limitation stipulated in paragraph 6 of this Article, and with due observance of the laws and regulations in Capital Market in Indonesia.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Each member of the Board of Directors shall, in good faith and with full responsibility, perform his duties in the interest and for the business of the Company with due observance of the laws and regulations.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">4.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Each member of the Board of Directors shall be personally responsible for the Company&#8217;s loss, if he is guilty or fails to perform his duties based on the provisions of the laws and regulations. </FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">However, the member of the Board of Directors may not be requested to give accountability of the Company&#8217;s loss, if he is able to prove that:</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">the loss is not due to his fault or negligence;</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">he has conducted the management in good faith and prudentially in the interest and according to the purpose and objective of the Company;</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">he has no conflict of interests, directly or indirectly, with the management action causing a loss; and</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">d.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">has taken an action to prevent any occurrence or continuation of such loss.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">5.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">A member of the Board of Directors shall have no right to represent the Company, if:</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">any case occurs in the Court between the Company and such member of the Board of Directors; or</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">such member of the Board of Directors has conflict of interests with the Company.</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">6.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Actions of the Board of Directors that should obtain the written approval of the Board of Commissioners:</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">to conduct equity participation or dispose of equity participation in other business entity not conducted through Stock Exchange and the amount exceeds that stipulated in the decision of the Board of Commissioners;</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center>&nbsp;</P>

<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 24 </P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">to conduct establishment, merger, dissolution, acquisition, transfer, separation and dissolution of subsidiary;</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">to transfer, exchange, sell or buy business segments;</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="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">d.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">to make license agreements and / or management contracts; regarding the terms and conditions and the types of license agreement and / or management contract that need the approval of the Board of Commissioners shall be regulated further in decision of the Board of Commissioners.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">e.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">to conduct transfer of fixed assets and other assets owned by the Company of the amount exceeding a certain amount stipulated in decision of the Board of Commissioners;</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">f.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">to write-off any bad debt and inventory of any non-productive goods, which value exceeds a certain amount stipulated in decision of the Board of Commissioners;</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">g.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">to write-off any fixed assets for certain conditions stipulated in decision of the Board of Commissioners;</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">h.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">to bind the Company as guarantor (borg or avalist) causing the finance to exceed a certain amount stipulated in decision of the Board of Commissioners;</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">i.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">to receive or give medium / long-term loans and to receive short-term loans that are not operational by nature, exceeding a certain amount stipulated in the Company&#8217;s work program and budget ratified in the decision of the Board of Commissioners;</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">j.</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="96%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">to nominate members of the Board of Directors and / or Commissioners in the subsidiaries:</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(i)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">which financial statements are consolidated with the Company&#8217;s; and</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">(ii)</FONT></P></TD>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="94%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">which gives contribution of income of minimum thirty percent (30%) of the Company&#8217;s total consolidated operating income.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black 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="96%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The Board of Commissioners&#8217; approval specially relating to this point j shall be based on the resolution of the Board of Commissioners meeting approved by all members of the Board of Commissioners.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black 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="96%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The intended written approval shall be articulated in the form of decision of the Board of Commissioners signed by the President Commissioner and a member of the Board of Commissioners based on the resolution of Board of Commissioners meeting.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=3>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors action as referred to in paragraph 6 point a to point i above shall first obtain the approval of the General Meeting of Shareholders in case the value of transaction to be conducted by the Company is material and comply with the provisions and requirements as stipulated in the regulation of capital markets.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; 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=top width="96%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">In the terms of the transaction to be executed does not reach the value of material as stipulated in the regulation of capital markets, but will affect significantly to the company&#8217;s main business, both from the operational aspect, financial and commercial, Board of Directors and/or Board of Commissioners can propose to be decided in General Meeting of Shareholders.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.5in">&nbsp;</P>

<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center">- 25 </P>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>
<A name=page_26></A>
<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">
<a name="_bclHeader26"></a><DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">In taking the legal action to transfer, renounce
      right or encumber all or a part of the Company&#8217;s assets of the value
      exceeding fifty percent (50%) of the total Company&#8217;s net assets value,
      either in a single transaction or several independent or related
      transactions in one financial year, the Board of Directors shall obtain
      the approval of the General Meeting of Shareholders that is attended or
      represented by the shareholders having at least three fourths (3/4) of the
      total number of shares with voting rights and approved by at least three
      fourths (3/4) of the total number of votes cast in the
    meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Failing to
      reach the prescribed quorum in the meeting, at the earliest ten (10) days
      and at the latest twenty-one (21) days after the first meeting, a second
      meeting may be held with the same agenda as in the first
      meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black 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="96%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The summons to
      the meeting shall be served no later than seven (7) days prior to the
      second meeting excluding the date of summons and the date of meeting, and
      for the summons to such meeting, prior notification / announcement shall
      not be required and such second meeting shall be attended or represented
      by the shareholders who hold at least two thirds (2/3) of the total number
      of shares with valid voting rights and approved by at least three fourths
      (3/4) of the total number of votes cast in the meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 6pt" align=center><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black 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="96%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Failing to
      reach the quorum of the second meeting, at the Company&#8217;s request a third
      meeting may be held with the quorum of attendance, number of votes to pass
      resolutions, summons and time to hold the Meeting to be determined by the
      authorized agency based on the laws and regulations.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Without prejudice to its responsibility, the Board
      of Directors shall also, for certain actions, have the authority to
      appoint one or more persons as its proxy(ies) on the conditions stipulated
      by the Board of Directors in a special power of attorney, such authority
      shall be exercised pursuant to the Articles of
  Association.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">In carrying out their duties, members of the Board
      of Directors shall comply with the Company&#8217;s Articles of Association and
      the laws and regulations and shall perform the principle of
      professionalism, efficiency, transparency, independency, accountability,
      responsibility and fairness.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The distribution of duties and authorities of each
      member of the Board of Directors shall be stipulated based on any
      Resolution of the General Meeting of Shareholders and in case the General
      Meeting of Shareholders fails to pass resolution pertaining thereto, the
      distribution of duties and authorities of members of the Board of
      Directors shall be decided based on the Board of Directors&#8217;
      resolution.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">In administering and / or managing the Company, the
      Board of Directors shall comply with any resolutions passed in the General
      Meeting of Shareholders and the Board of Commissioners in so far they are
      not conflicting with the laws and regulations and / or these Articles of
      Association.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.25in">&nbsp;</P>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: center">- 26 </P>
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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=black face="times new roman">BOARD OF
DIRECTORS MEETING</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article
18</FONT></B></P>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors meeting may be held any time
      deemed necessary at the request of one or more members of the Board of
      Directors or at the request of the Board of Commissioners meeting or at
      the written request of one (1) or more shareholders jointly representing
      one tenth (1/10) or more of the total number of shares with voting
      rights.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The summons to the Board of Directors meeting shall
      be served by members of the Board of Directors who are entitled to
      represent the Board of Directors pursuant to the provisions of Article 17
      paragraph (2) hereof.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The summons to the Board of Directors meeting shall
      be served by registered mail or a letter hand-delivered to each member of
      the Board of Directors against receipt or by facsimile or other electronic
      media at least three (3) days prior to the meeting, without calculating
      the date of summons and the date of meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">In case the
      matters to be discussed need to be immediately settled, the period of
      summons may be shortened to no less than one (1) day, without calculating
      the date of summons and the date of meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The meeting summons shall specify the agenda, date,
      time and place of meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors meeting shall be held in the
      Company&#8217;s domicile or the Company&#8217;s place of main business
      activity.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black 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="96%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">If all members
      of the Board of Directors are present or represented, such prior summons
      shall not be required and the Board of Directors meeting may be held
      anywhere in the territory of the Republic of Indonesia and the meeting
      shall be entitled to pass valid and binding resolutions.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors meeting as referred to in
      point a may be held by video conference or any other electronic media that
      enables all meeting participants to see and hear each other directly and
      to participate in the Meeting, and with respect thereto, all participants
      shall be considered present to determine the fulfillment of the required
      quorum and voting or passing of resolution.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black 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="96%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The minutes of
      the Meeting held by video conference or any other electronic media shall
      be prepared in writing and circulated to all participating members of the
      Board of Directors to be approved and signed.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors meeting shall be chaired by
      the President Director. In case the President Director is prevented or
      absent for any reason whatsoever, of which impediment no evidence to any
      third party shall be required, the Board of Directors meeting shall be
      chaired by Vice President Director. In case the Vice President Director is
      prevented or absent for any reason whatsoever, of which impediment no
      evidence to any third party shall be required or in case no Vice President
      Director is appointed, the Board of Directors meeting shall be chaired by
      another member of the Board of Directors appointed by the Board of
      Directors meeting.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center>&nbsp;</P>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: center">- 27 </P>
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<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">A member of the Board of Directors meeting may be
      represented in the Board of Directors meeting only by another member of
      the Board of Directors by virtue of power of attorney provided exclusively
      for such purpose.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">A member of the Board of Directors may only
      represent another member of the Board of Directors.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">In other agenda items, the Board of Directors
      meeting shall not be entitled to pass resolutions, unless all members of
      the Board of Directors or their legal representatives are present and
      approve the additional items of meeting agenda and approve the decision on
      the additional items of meeting agenda.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors meeting shall be valid and
      entitled to pass valid and binding resolutions, if more than a half (1/2)
      of the number of members of the Board of Directors are present or
      represented legally in the meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The resolutions of the Board of Directors meeting
      shall be passed in deliberation for a consensus.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Failing this
      mode of settlement, the resolution shall be passed by voting based on the
      majority affirmative votes of the number of votes cast in the
      meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">In a tie vote, the meeting Chairman shall have a
      casting vote with due observance of the provision on accountability
      referred to in Article 17 paragraph 4.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">13.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Each member of
      the Board of Directors who is present shall be entitled to cast one (1)
      vote and one (1) extra vote for each other member of the Board of
      Directors he so represents.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Voting on individuals shall be conducted by
      unsigned folded ballots, while on other matters shall be verbally, unless
      the meeting Chairman decides otherwise without any objection of the
      meeting participants.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Each member of the Board of Directors who is
      present or represented in the meeting shall give or cast
    vote.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">d.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">In case a member of the Board of Directors does not
      give any vote (being abstain), such member of the Board of Directors shall
      observe and be responsible for any resolution of the
  meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">e.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Invalid votes shall be considered invalidly cast
      and deemed non-existent and shall not be counted to determine the number
      of votes cast.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">In any Board of Directors meeting, meeting minutes
      containing any matters discussed, including statement of disapproval /
      dissenting opinions among members of the Board of Directors, if any, and
      any resolved matters shall be prepared. </FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The meeting minutes as referred to in paragraph 14
      of this Article shall be signed by the meeting Chairman and all members of
      the Board of Directors who are present in the
  meeting.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.25in">&nbsp;</P>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: center">- 28 </P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_29></A>
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<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">16.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors may also pass valid
      resolutions without holding a Board of Directors meeting, provided,
      however, that all members of the Board of Directors give their approval in
      writing by signing the submitted proposal. The resolutions passed in such
      a manner shall have the same legal force and effect as any resolutions
      validly passed in the Board of Directors
meeting.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.25in"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black 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=black face="times new roman">BOARD OF
COMMISSIONERS</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article
19</FONT></B></P>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="97%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Commissioners shall consist of at
      least two (2) members, one of them shall be appointed as the President
      Commissioner.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="97%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Commissioners is a panel and each
      member of the Board of Commissioners may not act individually, instead
      based on the Board of Commissioners resolution</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="97%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Company shall have an Independent Commissioner
      who meets the requirements based on the laws and regulations in Capital
      Market in Indonesia.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Eligible to be appointed as members of the Board of
      Commissioners shall be individual persons of Indonesian citizenship who
      are capable of taking legal actions, unless in the period of five (5)
      years prior to their appointment, they have ever:</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="97%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">been declared bankrupt;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="97%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">become members of the Board of Directors or members
      of the Board of Commissioners or members of the Supervisory Board who are
      stated guilty of causing a Company or Public State Corporation to be
      declared bankrupt; or</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="97%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">been sentenced for committing an offence that harms
      the state&#8217;s and / or BUMN&#8217;s finance and / or relating to financial
      sector.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Besides fulfilling the requirements referred to in
      paragraph 2 of this Article, the appointment of members of the Board of
      Commissioners shall be conducted by considering the integrity, dedication,
      understanding on the company&#8217;s management issues relating to one of
      management functions, that they have the adequate knowledge in the
      Company&#8217;s business line and are able to give adequate time for performing
      their duties and other requirements based on the laws and
      regulations.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The appointment of members of the Board of
      Commissioners failing to comply with the requirements referred to in
      paragraph 2 of this Article shall be null and void by law since the time
      when other members of the Board of Commissioners or Board of Directors
      find out the non-fulfillment of such requirements.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Members of the Company&#8217;s Board of Commissioners
      shall be appointed from Indonesian Citizens who meet the requirements
      pursuant to the laws and regulations. Between members of the Board of
      Commissioners and between members of the Board of Commissioners and
      members of the Board of Directors, there shall be no </FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">family relationship up to the third
      (3<SUP>rd</SUP>) degree, both in a direct line and a collateral
      line</FONT><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">, or any marital
  relationship.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center>&nbsp;</P>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: center">- 29 </P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_30></A>
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<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">In case of any
      occurrence of the condition referred to above, the General Meeting of
      Shareholders shall be authorized to dismiss one of them.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The appointment of all members of the Board of
      Commissioners shall not be at the same time with the appointment of all
      members of the Board of Directors.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Members of the Board of Commissioners shall be
      appointed by the General Meeting of Shareholders of the candidates
      nominated by the Holder of &#8216;A&#8217; </FONT><I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman"> Share. Such nomination shall bind the General
      Meeting of Shareholders.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Members of the
      Board of Commissioners shall be appointed and dismissed by the General
      Meeting of Shareholders, which must be attended by the Holder of &#8216;A&#8217;
      </FONT><I><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> Share and one
      or more Shareholders who hold more than a half (1/2) of the total number
      of shares with valid voting rights issued by the Company and the meeting
      resolution shall be approved by the Holder of &#8216;A&#8217; </FONT><I><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> Share and one
      or more Shareholders holding more than a half (1/2) of the total number of
      votes lawfully cast in the meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The term of office of each member of the Board of
      Commissioners shall be five (5) years which mean effective from the date
      that determined by General Meeting of Shareholders of his appointment
      until the closing of the fifth General Meeting Shareholders after his
      appointment.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">After their
      term of office has expired, members of the Board of Commissioners may be
      reappointed only for one (1) term of office by the General Meeting of
      Shareholders.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The conditions on the term of office of members of
      the Board of Commissioners shall be without prejudice to the right of the
      General Meeting of Shareholders to dismiss members of the Board of
      Commissioners at any time prior to the expiration of their term of office.
      Such dismissal may be conducted, if such members of the Board of
      Commissioners, among others:</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">are unable to perform their duties properly;
      </FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">do not carry out the provisions of the laws and
      regulations or the provisions of the Articles of Association;
    or</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">are involved in actions harming the Company or the
      state;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The plan of dismissal of members of the Board of
      Commissioners shall be notified by the Holder of &#8216;A&#8217; </FONT><I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman"> Share to the members of the Board of Commissioners
      concerned verbally or in writing within no later than fourteen (14) days
      prior to the date of the General Meeting of Shareholders.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Members of the Board of Commissioners who will be
      dismissed shall be given the opportunity to be present in the General
      Meeting of Shareholders to defend themselves. Such dismissal shall be
      effective as of the conclusion of the General Meeting of Shareholders
      deciding such dismissal.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.25in">&nbsp;</P>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: center">- 30 </P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_31></A>
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<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">After their term of office has expired, members of
      the Board of Commissioners may be reappointed only for one (1) term of
      office by the General Meeting of Shareholders.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">13.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Members of the Board of Commissioners shall be
      given salary / honorarium and / or allowances, including retirement
      benefit, which amounts shall be decided by the General Meeting of
      Shareholders.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Members of the Board of Commissioners shall not be
      allowed to hold any concurrent positions as:</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">members of the Board of Directors in State-Owned
      Enterprises, Regional-Owned Enterprises, Private-Owned
      Enterprises;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">other positions based on the provisions of the laws
      and regulations, management members of political parties and / or
      prospective / members of legislative and or prospective regional heads /
      regional deputy heads; and / or</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">other positions that may cause conflict of
      interests.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">If for any reasons whatsoever the position of a
      member of the Board of Commissioners is vacant, such vacancy shall be
      filled at the latest in the next General Meeting of Shareholders, except
      the number of members of the Board of Commissioners becomes less than two
      (2) persons, in such case the General Meeting of Shareholders shall be
      held within sixty (60) days since such vacancy to fill such
      vacancy.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">16.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">A member of the Board of Commissioners shall be
      entitled to resign from his position by giving a written notification
      regarding his intention to the Company with copy to the Holder of &#8216;A&#8217;
      </FONT><I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman"> Share, Board of Commissioners and other members of
      the Company&#8217;s Board of Directors no later than sixty (60) days prior to
      the date of his resignation.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; 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=top width="96%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">If the request
      of resignation does not specify the effective date of resignation and
      there is no resolution of the General Meeting of Shareholders regarding
      such resignation, such member of the Board of Commissioners shall
      effectively resign after the period of sixty (60) days from the date of
      receipt of the request letter of resignation has lapsed.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; 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=top width="96%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">If any
      member(s) of the Board of Commissioners resign(s), causing the number of
      members of the Board of Commissioners to become less than two (2) persons,
      such resignation shall be valid, if it has been resolved by the General
      Meeting of Shareholders and the new member(s) of the Board of
      Commissioners has / have been appointed in order to meet the required
      minimum number of members of the Board of Commissioners.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">17</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The position of a member of the Board of
      Commissioners shall end, if:</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">his term of office has expired;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">he resigns based on the provision of paragraph
      18.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">he no longer complies with the requirements of the
      laws and regulations.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">d.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">he dies;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">e.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">he is dismissed based on the General Meeting of
      Shareholders;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.25in">&nbsp;</P>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: center">- 31 </P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_32></A>
<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">
<a name="_bclHeader32"></a><DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0.5in" align=center><B><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">DUTIES AND AUTHORITIES OF THE BOARD OF
COMMISSIONERS</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article
20</FONT></B></P>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Commissioners shall:</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">conduct supervision of the Company&#8217;s management
      policy conducted by the Board of Directors and give advice to the Board of
      Directors, including the Company&#8217;s development plan, work program and
      annual budget, the implementation of the provisions of the Company&#8217;s
      Articles of Association and resolutions of the General Meeting of
      Shareholders and the laws and regulations in consideration of the
      Company&#8217;s interest.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">perform the duties, authorities and
      responsibilities pursuant to the provisions of the Company&#8217;s Articles of
      Association and resolutions of the General Meeting of
      Shareholders;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">study carefully and sign the annual report prepared
      by the Board of Directors. </FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">In connection with the duties of the Board of
      Commissioners as referred to in paragraph 1 of this Article, the Board of
      Commissioners shall be required to:</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">give opinion and recommendation to the Annual
      General Meeting of Shareholders on periodical reports and other reports of
      the Board of Directors;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">supervise the implementation of the Company&#8217;s work
      program and budget (including investment budget) for the preceding
      financial year and present the result of its evaluation and opinion to the
      Annual General Meeting of Shareholders.</FONT></P>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">follow the Company&#8217;s activity development and in
      case the Company gives an indication of slowing-down, it shall immediately
      request the Board of Directors to announce it to the shareholders and give
      recommendation on any correction measures to be taken;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">d.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">give opinion and recommendation to the General
      Meeting of Shareholders on any other issues deemed significant for the
      Company&#8217;s management;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">e.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">propose to the General Meeting of Shareholders,
      through the Board of Directors, for appointment of the public accountant
      firm to conduct audit on the Company&#8217;s financial statements, including
      internal control audit on financial reporting, based on the provisions put
      in place by the Capital Market authority, where the Company&#8217;s shares are
      registered and / or listed;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">f.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">give reports on the supervision duty conducted
      during the financial year that has just passed to the General Meeting of
      Shareholders;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">g.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">conduct other supervision duties stipulated by the
      General Meeting of Shareholders.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Members of the Board of Commissioners may not be
      requested to give accountability for the Company&#8217;s loss, if they are able
      to prove that they:</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">have conducted supervision in good faith and
      prudentially in the Company&#8217;s interest and according to the Company&#8217;s
      purpose and objective;</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.5in">&nbsp;</P>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: center">- 32 </P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_33></A>
<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">
<a name="_bclHeader33"></a><DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">have no personal interest, directly or indirectly,
      in the management actions of the Board of Directors causing such loss;
      and</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">have given advice to the Board of Directors to
      prevent such loss from occurring or continuing.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Members of the Board of Commissioners, jointly as
      well as severally at any time during the Company&#8217;s office hours shall be
      entitled to enter the buildings and premises or other places used or
      controlled by the Company and to examine all account books, documents and
      other instruments of proof, inventory of goods, to examine and verify the
      condition of cash and any other securities, and to know all actions taken
      by the Board of Directors.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">In performing its duties, the Board of
      Commissioners may request the assistance of an expert for a limited term
      and establish a Committee required according to the need or the laws and
      regulations and on the Company&#8217;s expense.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Commissioners shall arrange job
      distribution amongst them, and in order to expedite their job, they may be
      assisted by a secretary whom they appoint.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors or each member of the Board
      of Directors shall give explanation on any matters inquired by members of
      the Board of Commissioners or the expert assisting them.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Commissioners shall at any time be
      entitled to suspend one or more members of the Board of Directors from
      their positions, if such member(s) act(s) in conflict with these Articles
      of Association and the laws and regulations or neglect(s) his / their
      duties or for any urgent reasons of the Company.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Such suspension shall be notified to the person(s)
      concerned with the reason for such action.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Within no later than forty-five (45) days after
      such suspension, the Board of Commissioners shall hold a General Meeting
      of Shareholders that will decide whether the relevant member(s) of the
      Board of Directors will be permanently dismissed or reinstated to his /
      their former position, while such dismissed member(s) of the Board of
      Directors shall be given an opportunity to be present to defend himself /
      themselves.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The meeting referred to in paragraph 10 of this
      Article shall be chaired by the President Commissioner and if he is
      absent, of which impediment no evidence to any third party shall be
      required, the meeting shall be chaired by another member of the Board of
      Commissioners appointed for such purpose by the meeting and if no member
      of the Board of Commissioners is present, the meeting shall be chaired by
      a person selected by and from those present and the summons shall be
      served based on the provisions contained in Article 13
    hereof.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">If the General Meeting of Shareholders referred to
      in paragraph 10 of this Article is not held within forty-five (45) days
      upon the suspension, the suspension shall be automatically null and void
      by law and the person(s) concerned shall be entitled to resume his / their
      former position.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.5in">&nbsp;</P>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: center">- 33 </P>
<HR align=center SIZE=2 width="100%" noShade>

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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=black face="times new roman">BOARD OF
COMMISSIONERS MEETING</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article
21</FONT></B></P>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Any resolutions of the Board of Commissioners shall
      be passed in a Board of Commissioners meeting, to which the Board of
      Commissioners may invite the Board of Directors.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">A Board of Commissioners meeting may be held at
      least once in a month or at any time deemed necessary by one or more
      members of the Board of Commissioners or at the written request of the
      Board of Directors meeting or at the request of one (1) or more
      shareholders holding at least one tenth (1/10) of the total number of
      shares with valid voting rights.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The summons to a Board of Commissioners meeting
      shall be served in writing by the President Commissioner or by a member of
      the Board of Commissioners appointed by the President
      Commissioner.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The summons to a Board of Commissioners Meeting
      shall be served to each member of the Commissioners by registered mail or
      hand-delivered against a proper receipt or by facsimile or any other
      electronic media, which shall be immediately confirmed by registered mail
      at least three (3) days and in any urgent case at least one (1) day prior
      to the meeting without calculating the date of summons and the date of
      meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The summons to the Meeting as referred to in
      paragraph 3 of this Article shall contain the agenda, date, time and place
      of the meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">A Board of Commissioners meeting shall be
      considered valid if it is held in the Company&#8217;s domicile or at the place
      of its main business activity in the territory of the Republic of
      Indonesia.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">A Board of Commissioners meeting held in a place
      other than that specified in paragraph 5 of this Article shall be
      considered valid and may pass resolutions, if it is held within the
      territory of the Republic of Indonesia and attended by all members of the
      Board of Commissioners.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The summons to the meeting shall not be required if
      all members of the Board of Commissioners are present in the
      meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">A Board of Commissioners meeting may be held by
      video conference or any other means that enables all meeting participants
      to hear each other and participate in the Meeting and pursuant thereto,
      all participants shall be considered present to determine the fulfillment
      of the required quorum and voting or resolutions.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Minutes for a
      Board of Commissioners meeting held by video conference or any other
      similar types of communication means shall be prepared in writing and
      circulated to all participating members of the Board of Commissioners to
      be examined and approved.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">A Board of Commissioners meeting shall be presided
      over by the President Commissioner, in case the President Commissioner is
      unable to be present or prevented, of which impediment no evidence to any
      third party shall be required, the meeting shall be presided over by
      another member of the Board of Commissioners appointed by and from amongst
      members of the Board of Commissioners
present.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center>&nbsp;</P>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: center">- 34 </P>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_35></A>
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<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">A member of the Board of Commissioners may be
      represented in a Board of Commissioners meeting only by another member of
      the Board of Commissioners by virtue of power of attorney especially made
      for such a purpose.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">A Board of Commissioners meeting shall be
      authorized and entitled to pass binding resolutions only if more than a
      half (1/2) of members of the Board of Commissioners are present or
      represented in the meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Any resolutions in a Board of Commissioners meeting
      shall be passed in deliberation for a consensus.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Failing such mode of settlement, the resolutions
      shall be passed by voting based on the majority affirmative votes of the
      total votes cast in the meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">In a tie vote, the meeting Chairman shall have a
      casting vote with due observance of the provision on accountability
      referred to in Article 20 paragraph 3 hereof.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Each member of the Board of Commissioners shall be
      entitled to cast one (1) vote plus one (1) extra vote for another member
      of the Board of Commissioners he so represents.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Voting on individuals shall be conducted by
      unsigned folded ballots, while on any other matters shall be verbally,
      unless the meeting Chairman decides otherwise without any objection based
      on the majority votes of the meeting participants.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Any member of the Board of Commissioners who is
      present or represented in the meeting shall give or cast
    vote.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">In case a
      member of the Board of Commissioners does not give any vote (being
      abstain), such member of the Board of Commissioners shall observe and be
      responsible for any resolution of the meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Invalid votes shall be considered non-existent and
      shall not be counted to determine the number of votes cast in the
      meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">In any Board of Directors meeting, meeting minutes
      containing any matters discussed, including statement of disapproval /
      dissenting opinions among members of the Board of Directors, if any, and
      any resolved matters shall be prepared. </FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The meeting minutes as referred to in paragraph 20
      of this Article shall be signed by the meeting Chairman and a member of
      the Board of Commissioners present in the meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The resolutions may also be passed in lieu of a
      Board of Commissioners meeting, provided, however, that all members of the
      Board of Commissioners have been notified regarding the proposed
      resolutions and all members of the Board of Commissioners have given their
      approval as evidenced by their signed consent.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The resolutions
      passed in such a manner shall have the same legal force and effect as
      resolutions validly passed in a Board of Commissioners
    meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">13.</FONT></P></TD>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">A Board of Commissioners meeting, in miscellaneous
      items of the agenda, shall not be entitled to pass any resolutions, unless
      all members of the Board of Commissioners or their authorized
      representatives are present and approve the additional items of meeting
      agenda.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.25in">&nbsp;</P>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: center">- 35 </P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_36></A>
<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">
<a name="_bclHeader36"></a><DIV>
<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">COMPANY&#8217;S WORK PROGRAM AND
BUDGET</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article
22</FONT></B></P>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors shall prepare the Company&#8217;s
      Work Program and Budget for each financial year, at least
      containing:</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Company&#8217;s mission, business target, business
      strategy, policy and work/activity program;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Company&#8217;s budget specified in details with
      respect to each work/activity program budget;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The financial projection of the Company and its
      subsidiaries;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">d.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The utilization and/or disposal plan of fixed
      assets.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">e.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The work program of the Board of
      Commissioners.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">f.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The work program and budget of partnership and
      community development program.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The design of the Company&#8217;s Work Program and Budget
      signed by all members of the Board of Directors shall be submitted by the
      Board of Directors to the Board of Commissioners no later than sixty (60)
      days before the relevant financial year of the Company&#8217;s Work Program and
      Budget in order to obtain the Board of Commissioners&#8217;
    approval.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The design of the Company&#8217;s Work Program and Budget
      shall be approved by the Board of Commissioners no later than December
      prior to the commencement of the Company&#8217;s new financial
    year.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">In case the design of the Company&#8217;s Work Program
      and Budget has not yet been submitted by the Board of Directors and/or the
      Company&#8217;s Work Program and Budget has not yet been approved within the
      period as referred to in paragraph 3 of this Article, the Company&#8217;s Work
      Program and Budget of the preceding year shall apply.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors actions not defined in the
      Company&#8217;s Work Program and Budget which types and conditions are
      stipulated in the decision of the Board of Commissioners must receive
      prior approval from the Board of Commissioners.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors shall prepare the Company&#8217;s
      business activity plan for the next five (5) years articulated in the
      Company&#8217;s Long-Term Plan (RJPP) and submitted to the Board of
      Commissioners for approval.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Any change of
      the Company&#8217;s Long-Term Plan (RJPP) shall be made by the Board of
      Directors according to the business development and/or a change of
      assumption, to be subsequently submitted to the Board of Commissioners for
      approval.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center>&nbsp;</P>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: center">- 36 </P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>
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<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">

<a name="_bclHeader37"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0pt 0.5in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">FINANCIAL YEAR AND ANNUAL REPORT</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article 23</FONT></B></P>

<DIV align=left>

<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>



<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Company&#8217;s financial year shall commence from the first (1<SUP>st</SUP>) day of January and end on the thirty-first (31<SUP>st</SUP>) day of December of the same year.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">At the end of December each year, the Company&#8217;s books shall be closed.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors shall submit an annual report to a General Meeting of Shareholders after review by the Board of Commissioners within no later than six (6) months after the Company&#8217;s financial year ends, based on the laws and regulations, it then shall be signed by all incumbent members of the Board of Directors and incumbent members of Board of Commissioners in the relevant financial year to be submitted to and to obtain the approval and ratification in the Annual General Meeting of Shareholders.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">In case there are any members of the Board of Directors and Board of Commissioners who do not sign the annual report, they shall specify the reasons in writing, which shall be stated by the Board of Directors in a separate letter attached to the annual report.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">In case there are any members of the Board of Directors or Board of Commissioners who do not sign the annual report as referred to in paragraph 2 of this Article and not give the reasons in writing, they shall be considered approving the content of the annual report.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The annual report audited by a Public Accountant registered in the Capital Market and Financial Institution Supervisory Agency should have been made available in the Company&#8217;s Office no later than the date of summons to the Annual General Meeting of Shareholders to be examined by the shareholders.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Company shall announce the balance sheet and profit and loss statement in two (2) daily newspapers in the Indonesian language having wide circulation in the territory of the Republic of Indonesia based on the provisions of the laws and regulations in capital market and the law of limited liability companies.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Annual Report as referred to in paragraph 2 shall contain at least:</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">the financial statements consisting of the balance sheet of the end of financial year that has just passed in comparison with that of the preceding financial year, profit and loss statement of the relevant financial year, cash flow statement, and statement of equity change, and note on the financial statements;</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">the report on the Company&#8217;s activities;</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">the report of implementation of Social and Environment Responsibilities, and Partnership and Environment Advancement Program (if any);</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">d.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">the detailed problems arising during the financial year that affect the Company&#8217;s business activity;</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">e.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">the report on the supervisory duties assumed by the Board of Commissioners during the financial year that has just passed;</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">f.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">the names of members of the Board of Directors and members of the Board of Commissioners;</FONT></P></TD></TR></TABLE></DIV>

<DIV align=left><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</DIV></DIV>

<P style="TEXT-ALIGN: center">- 37 </P>

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<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>

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<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman">g.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">the salaries and allowances/facilities for members of the Board of Directors and members of the Board of Commissioners of the Company for the year that has just passed.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.5in"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">REPORTING</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article 24</FONT></B></P>

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<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors shall prepare and submit to the Board of Commissioners periodical reports containing the implementation of the Company&#8217;s Work Program and Budget.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The periodical reports referred to in paragraph (1) of this Article cover monthly reports, quarterly reports and annual reports.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Besides the periodical reports as referred to in paragraph (2) of this Article, the Board of Directors may also give special reports to the Board of Commissioners.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The periodical reports and any other reports referred to in paragraphs (1) and (3) of this Article shall be submitted with the form, content and procedure of compilation based on the provisions of the laws and regulations.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors shall submit quarterly reports to the Board of Commissioners no later than thirty (30) days upon expiration of the quarterly period.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The quarterly reports as referred to in paragraph 5 of this Article shall be signed by all members of the Board of Directors.</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="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">In case there are members of the Board of Directors who do not sign the quarterly reports referred to in paragraph 6 of this Article, they shall specify the reasons in writing.</FONT></P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">APPROPRIATION OF PROFIT</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article 25</FONT></B></P>

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<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors shall submit a proposal to an Annual General Meeting of Shareholders regarding the appropriation of the Company&#8217;s net profit in one financial year as specified in the Financial Statements ratified by the Annual General Meeting of Shareholders. The proposal may state the amount of net income that has not been distributed and will be appropriated as reserve funds referred to in Article 26 hereunder, and the proposal of the amount of dividends that may be distributed, one another without prejudice to the right of a General Meeting of Shareholders to decide otherwise.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">In case the Annual General Meeting of Shareholders does not decide any other appropriation, the net profit shall, after deduction by the reserve funds required by the laws and regulations and Articles of Association, be distributed as dividends.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The dividends referred to in paragraph 2 of this Article may be distributed only if the Company has a positive profit balance.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The dividend for one share shall be paid to the person in whose name the share is registered in the Register of Shareholders on a workday to be prescribed by or on the authority of a General Meeting of Shareholders in which a resolution for dividend distribution is passed.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The day of payment shall be announced by the Board of Directors to all shareholders.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Article 13 paragraph 2 shall apply mutatis mutandis to such announcement.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">If the profit and loss account in a financial year indicates a loss unable to cover by the reserve fund, the loss shall remain recorded and entered in the profit and loss account and in the following financial year the Company shall be deemed to make no profit in so far the loss recorded and entered in the profit and loss account has not been completely cover, as such without prejudice to the provisions of the laws and regulations.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Company may distribute interim dividends before the Company&#8217;s financial year ends based on a resolution of the Board of Directors meeting at the approval of the Board of Commissioners in consideration of the projected profit earnings and the financial capacity of the Company.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">In case after the financial year has ended the Company obviously suffers a loss, any distributed interim dividends shall be refunded by the shareholders to the Company.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors and Board of Commissioners shall be jointly and severally responsibility for the Company&#8217;s loss, in case the shareholders are unable to refund the interim dividends.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Company may give percentage of profits to members of the Board of Directors and Board of Commissioners and bonuses to employees, in case the Company&#8217;s performance increases as evident from the passing of the prescribed target.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The percentage of profits given to members of the Board of Directors and Board of Commissioners and the bonuses to employees may be given if they have been budgeted and calculated as an expense.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">If the percentage of profits to members of the Board of Directors and Board of Commissioners and bonuses to employees are not budgeted and not calculated as an expense in the current year, the Company may give percentage of profits to members of the Board of Directors and Board of Commissioners and bonuses to employees from the net profit.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The profit distributed as dividends left unclaimed within five (5) years after it is available for payment shall be entered in the reserve fund especially allocated for such a purpose.</FONT></P></TD></TR>

<TR>

   <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">

   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">The dividends in the special reserve fund may be claimed by the entitled shareholders before the period of 10 years has lapsed by presenting the proof of their right to the dividends acceptable to the Company&#8217;s Board of Directors. Any dividends left unclaimed after such period has lapsed shall accrue to the Company.</FONT></P></TD></TR></TABLE></DIV>

<a name="_bclFooter38"></a><DIV>

<DIV>

<DIV align=left>&nbsp;</DIV></DIV>

<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV></DIV>

<P style="TEXT-ALIGN: center">- 38 </P>

<HR align=center SIZE=2 width="100%" noShade>



<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>
<A name=page_39></A>
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<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">APPROPRIATION OF RESERVE FUND</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article
26</FONT></B></P>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Company having the positive profit balance
      shall set aside a certain amount of the net profit in each financial year
      to create a required reserve and any other reserves.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The allowance of net profit for the required
      reserve referred to in paragraph 1 of this Article shall be conducted
      until the reserve has reached at least twenty (20%) percent of the total
      subscribed and paid-up capital.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The required reserve referred to in paragraph 1 of
      this Article that has not reached the amount referred to in paragraph 2 of
      this Article may be used only to cover the Company&#8217;s loss unable to cover
      by any other reserves.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">If the required reserve fund referred to in
      paragraph 1 of this Article has exceeded the twenty percent (20%) amount,
      a General Meeting of Shareholders may decide that the excess of the
      reserve fund be used for the Company&#8217;s requirement.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">A part of the
      profit set aside for any other reserve fund shall be determined by a
      General Meeting of Shareholders after having considered the Board of
      Directors&#8217; proposal (if any) with due observance of the laws and
      regulations.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors shall manage the reserve
      fund in order to generate a profit in a manner it deems appropriate at the
      approval of the Board of Commissioners with due observance of the laws and
      regulations.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Any interest and other profits earned from the
      reserve fund shall be entered in the Company&#8217;s profit and loss
      account.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT></B>&nbsp;</P>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">AMENDMENT
TO ARTICLES OF ASSOCIATION</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article
27</FONT></B></P>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Amendment to the Articles of Association shall be
      decided by a General Meeting of Shareholders.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The General Meeting of Shareholders with the agenda
      for amendment to the Articles of Association may be held, if it is
      attended by the Holder of &#8216;A&#8217; </FONT><I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman"> share and any other shareholders or their
      authorized proxies jointly representing at least two thirds (2/3) of the
      total number of issued shares with voting rights, and the resolution shall
      be valid if it is approved by the Holder of &#8216;A&#8217; </FONT><I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman"> share and any other shareholders or their
      authorized proxies jointly representing at least two thirds (2/3) of the
      total number of votes cast in the meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The amendment to the Articles of Association shall
      be made in a Notarial deed in the Indonesian
  language.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center>&nbsp;</P>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: center">- 39 </P>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_40></A>
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    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The amendment to the provisions of the Articles of
      Association pertaining to any change of the Company&#8217;s name and/or
      domicile, purpose and objective and business activity, duration, amount of
      authorized capital, reduction of subscribed and paid-up capital, and/or
      alteration to the Company&#8217;s status from private to public Company or vice
      versa, shall be subject to the approval of the Minister having the duty
      and responsibility in Law and Human Rights affairs.</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="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The amendment to articles of association not
      contained in a deed of meeting minutes drawn up by a notary shall be
      articulated in a notarial deed no later than thirty (30) days effective
      from the date of resolution of the General Meeting of
      Shareholders.</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="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The request for approval of the amendment to
      articles of association and the notification on the amendment to articles
      of association shall be submitted to the Minister having the duty and
      responsibility in the Law and Human Rights affairs no later than thirty
      (30) days effective from the date of notarial deed containing the
      amendment to the articles of association and registered at the Companies
      Registry.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Any amendment to Articles of Association other than
      those concerning the matters specified in paragraph 4 of this Article
      shall be adequately notified by the Board of Directors to the Minister
      having the duty and responsibility in the Law and Human Rights
      affairs.</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="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Failing to reach the quorum of attendance as
      referred to in paragraph 2 of this Article, at the earliest ten (10) days
      and at the latest twenty-one (21) days after the first meeting, a second
      meeting may be held with the same agenda and the same conditions as those
      required for the first meeting, except for the quorum of attendance and
      period of summons that shall be served no later than seven (7) days prior
      to the second meeting without calculating the date of summons and the date
      of meeting and with respect to the summons to the meeting, no prior
      notice/announcement shall be required.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The second meeting as referred to in paragraph 8 of
      this Article shall be authorized and entitled to pass resolutions, if the
      General Meeting of Shareholders is attended or represented by the Holder
      of &#8216;A&#8217; </FONT><I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman"> share and any other shareholders or their
      authorized proxies jointly representing at least three fifths (3/5) of the
      total number of shares with voting rights, and the resolution shall be
      valid if it is approved by the Holder of &#8216;A&#8217; </FONT><I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman"> share and any other shareholders or their
      authorized proxies jointly representing at least two thirds (2/3) of the
      total number of votes validly cast in the meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Failing to
      reach the second meeting quorum, a third meeting may be held at the
      Company&#8217;s request with the quorum of attendance, number of votes to pass
      resolutions, summons and time to hold the Meeting to be determined by the
      authorized agency based on the laws and regulations.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The resolution regarding capital reduction shall be
      informed in writing to the Company&#8217;s entire creditors and announced by the
      Board of Directors in the State Gazette of the Republic of Indonesia and
      in at least two (2) daily newspapers in the Indonesian language having
      wide circulation in the territory of the Republic of Indonesia and in one
      (1) daily newspaper in the English language no later than seven (7) days
      as of the date of resolution on capital
reduction.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.25in"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>
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<P style="TEXT-ALIGN: center">- 40 </P>
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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=FR color=black face="times new roman">MERGER, CONSOLIDATION, ACQUISITION,
SEPARATION</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=FR color=black face="times new roman">Article
28</FONT></B></P>
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    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">With due observance of the provisions of the laws
      and regulations in Capital Market in Indonesia, a merger, consolidation,
      acquisition and separation may be conducted only based on a resolution of
      a General Meeting of Shareholders attended by the Holder of &#8216;A&#8217;
      </FONT><I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman"> share and any other shareholders or their
      authorized proxies jointly representing at least three fourths (3/4) of
      the total number of shares with voting rights and the resolution shall be
      approved by the Holder of &#8216;A&#8217; </FONT><I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman"> share and any other shareholders or their
      authorized proxies jointly representing at least three fourths (3/4) of
      the total number of votes validly cast in the meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Failing to reach the prescribed quorum in the
      meeting referred to in paragraph 1, at the earliest ten (10) days and at
      the latest twenty-one (21) days after the first meeting, a second meeting
      may be held in the same manner as that of the first meeting. The summons
      to the meeting shall be served no later than seven (7) days prior to the
      second meeting excluding the date of summons and the date of meeting and
      with respect to the summons to the meeting, no prior notice/announcement
      shall have been served and the second meeting shall be attended by the
      Holder of &#8216;A&#8217; </FONT><I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman"> share and any other shareholders or their
      authorized proxies jointly representing at least two thirds (2/3) of the
      total number of shares with voting rights and the resolution shall be
      approved by the Holder of &#8216;A&#8217; </FONT><I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman"> share and any other shareholders or their
      authorized proxies jointly representing at least three fourths (3/4) of
      the total number of votes cast in the meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Failing to
      reach the second meeting quorum, a third meeting may be held at the
      Company&#8217;s request with the quorum of attendance, number of votes to pass
      resolutions, summons and time to hold the Meeting to be determined by the
      authorized agency based on the laws and regulations.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors shall announce in at least
      one (1) daily newspaper in the Indonesian language having wide circulation
      in the territory of the Republic of Indonesia and in one (1) daily
      newspaper in the English language the company&#8217;s plan of merger,
      consolidation, acquisition and separation at the latest thirty (30) days
      prior to the summons to the General Meeting of
  Shareholders.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The merger, consolidation, acquisition, separation
      and alteration to the form of legal entity shall be made in a Notarial
      deed in the Indonesian language.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The provision referred to in Article 15 paragraph 1
      point e on the prescription of quorum for the third General Meeting of
      Shareholders shall mutatis mutandis apply to General Meetings of
      Shareholders covered in this Article.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT></B>&nbsp;</P>
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<P style="TEXT-ALIGN: center">- 41 </P>
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<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_42></A>
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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt 0.25in" align=center><B><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">DISSOLUTION AND LIQUIDATION</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article
29</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=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">With due observance of the provisions of the laws
      and regulations, the Company&#8217;s dissolution may be conducted only based on
      a resolution of a General Meeting of Shareholders attended by the Holder
      of &#8216;A&#8217; </FONT><I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman"> share and any other shareholders or their
      authorized proxies jointly representing at least three fourths (3/4) of
      the total number of shares with voting rights and the resolution shall be
      approved by the Holder of &#8216;A&#8217; Dwiwarna share and any other shareholders or
      their authorized proxies jointly representing at least three fourths (3/4)
      of the total number of votes validly cast in the meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Failing to reach the prescribed quorum in the
      meeting referred to in paragraph 1, at the earliest ten (10) days and at
      the latest twenty one (21) days after the first meeting, a second meeting
      may be held with the same agenda as the first meeting&#8217;s. </FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The summons to the meeting shall be served no later
      than seven (7) days prior to the second meeting excluding the date of
      summons and the date of meeting and with respect to the summons to the
      meeting, no prior notice/announcement shall have been served and the
      second meeting shall be attended by the Holder of &#8216;A&#8217; </FONT><I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman"> share and any other shareholders or their
      authorized proxies jointly representing at least two thirds (2/3) of the
      total number of shares with voting rights and the resolution shall be
      approved by the Holder of &#8216;A&#8217; </FONT><I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Dwiwarna&nbsp;</FONT></I><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman"> share and any other shareholders or their
      authorized proxies jointly representing at least three fourths (3/4) of
      the total number of votes validly cast in the meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Failing to
      reach the second meeting quorum, a third meeting may be held with the
      quorum requirement subject to the provision of Article 15 paragraph 1
      point e.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">If the Company is dissolved, either due to the
      expiration of the duration or based on a resolution of a General Meeting
      of Shareholders, or stated dissolved based on a Court&#8217;s order, liquidation
      shall be conducted by the liquidator.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Board of Directors under the supervision of the
      Board of Commissioners shall act as the liquidator, if in the resolution
      of a General Meeting of Shareholders or the order referred to in paragraph
      4 no liquidator is appointed.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The fee for the liquidators shall be determined by
      the General Meeting of Shareholders or based on a Court&#8217;s
    order.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The liquidator shall register at the Companies
      Registry, announce in the State Gazette and in two (2) daily newspapers in
      the Indonesian language having wide circulation in the territory of the
      Republic of Indonesia and in one (1) daily newspaper in the English
      language at the discretion of the Directors and notify the creditors
      pertaining thereto and report to the competent authority and the Capital
      Market and Financial Institution Supervisory Agency based on the laws and
      regulations.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The Articles of Association as contained in this
      deed and their subsequent amendments shall remain valid until the date of
      ratification of the liquidation accounts by a General Meeting of
      Shareholders based on the majority affirmative votes validly cast and the
      giving of full acquittal and discharge to the
  liquidators.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center>&nbsp;</P>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV>
<P style="TEXT-ALIGN: center">- 42 </P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV><A name=page_43></A>
<DIV style="PADDING-LEFT: 0%; PADDING-RIGHT: 0%">
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<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>
<DIV align=left>
<TABLE style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; WIDTH: 100%; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none" border=0 cellSpacing=0 cellPadding=0>

  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The remaining liquidation accounts shall be
      distributed to the shareholders, who will respectively receive the
      portions proportionate to the total par value fully paid for the shares in
      their respective possessions.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The party conducting the liquidation shall also be
      required to announce the planned distribution of remaining assets after
      the liquidation in at least two (2) daily newspapers in the Indonesian
      language having wide circulation in the territory of the Republic of
      Indonesia and in one (1) daily newspaper in the English language and in
      the State Gazette of the Republic of Indonesia.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">In case the Company is dissolved, the Company may
      not take legal actions, unless required for settlement of its assets in
      the liquidation process.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">The settlement action referred to in paragraph 11
      of this Article shall include:</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Recordation and gathering of the Company&#8217;s
      assets;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Designing the procedure of assets
      distribution;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Payment to the creditors;</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">d.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Payment of the remaining assets after liquidation
      to the General Meeting of Shareholders; and</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">e.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">Other measures required to take with respect to the
      assets settlement.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt 0.5in"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">CONFLICT
OF INTERESTS</FONT></B></P>
<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article
30</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=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="98%" colSpan=2>
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">To take any legal actions in the form of
      transactions containing conflict of interests between the personal
      economic interest of members of the Board of Directors, Board of
      Commissioners or shareholders and the Company&#8217;s economic interest, the
      Board of Directors requires the approval of a General Meeting of
      Shareholders as referred to in Article 15 paragraph 8.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">a.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">In case of any matters in which the Company&#8217;s
      interest is in conflict with the personal interest of any member of the
      Board of Directors, the Company shall, at the approval of the Board of
      Commissioners, be represented by another member of the Board of
      Directors.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">b.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">If the conflict of interests concerns the entire
      members of the Board of Directors, the Company shall be represented by the
      Board of Commissioners or by a member of the Board of Commissioners
      appointed by a Board of Commissioners meeting.</FONT></P></TD></TR>
  <TR>
    <TD style="PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; PADDING-TOP: 0in" vAlign=top width="2%">
      <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black 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="2%">
      <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">c.</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: justify; MARGIN: 0in 0in 12pt"><FONT style="TEXT-AUTOSPACE: ideograph-numeric; FONT-SIZE: 10pt" color=black face="times new roman">If the conflict of interests concerns the entire
      members of the Board of Directors or Board of Commissioners, the Company
      shall be represented by another party appointed by a General Meeting of
      Shareholders; one another without prejudice to the provision in paragraph
      1 of this Article.</FONT></P></TD></TR></TABLE></DIV>
<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 12pt 1in"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>
<a name="_bclFooter43"></a><DIV>
<DIV>
<DIV align=left>&nbsp;</DIV></DIV>
<P style="MARGIN: 0in 0.25in 0pt 0in"><FONT style="DISPLAY: none"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT></FONT>&nbsp;</P></DIV></DIV>
<P style="TEXT-ALIGN: center">- 43 </P>
<HR align=center SIZE=2 width="100%" noShade>

<DIV style="PAGE-BREAK-BEFORE: always">&nbsp;</DIV>
<A name="page_44"></A>

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<a name="_bclHeader44"></a><DIV>

<P style="MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 12pt" lang=EN-US face=Courier></FONT>&nbsp;</P></DIV>

<P style="TEXT-ALIGN: center; TEXT-INDENT: -0.5in; MARGIN: 0in 0in 0pt 1in" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">SHAREHOLDERS&#8217; RESIDENCES</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article 31</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">With respect to any matters pertaining to Shareholders being the affairs of the Company, the Shareholders shall be considered residing in addresses recorded in the Register of Shareholders referred to in Article 7 hereof.</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">CONCLUDING PROVISIONS </FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Article 32</FONT></B></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Provided that it is not separately covered in these Articles of Association, the Law of Limited Liability Companies and any other laws and regulations including regulations in Capital Market shall prevail. Any</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"> matters that are not provided or are inadequately covered in these Articles of Association shall be decided by a General Meeting of Shareholders.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman"></FONT>&nbsp;</P>

<DIV align=left>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">&#8722;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 7pt" lang=IN color=black face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">&nbsp;&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Finally, the appearer always acting as such states that he hereby confers power on Mr. MARATUA, born in Padang Sidempuan, on the first day of January one thousand nine hundred and seventy-two (1-1-1972), Indonesian National, Employee of Notary&#8217;s Office, residing in Jakarta, at Jalan Tahi Bonar Simatupang, Rukun Tetangga 011, Rukun Warga 003, Kelurahan Susukan, Kecamatan Ciracas, East Jakarta, holder of Resident Identity Card (KTP) number: 3175090101720009, and</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">both jointly and severally with the right of substitution are authorized to apply for approval or gain the notification from Minister of Law and Human Rights of the Republic of Indonesia related to the amendment some provisions of Company&#8217;s articles of association and to prepare amendments and/or additions in whatever form which may be called for and required by the competent authorities in order to obtain the approval and for such purposes to submit the applications, sign the applications and other deeds and documents, to choose domicile and further to perform any acts required, nothing exempted.</FONT></P></TD></TR>

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   <P style="TEXT-INDENT: 0in; MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">&#8722;</FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 7pt" lang=IN color=black face="times new roman">&nbsp;&nbsp;&nbsp; </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">&nbsp;&nbsp;</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">this </FONT><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">deed&nbsp;</FONT><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> is concluded at fifty minutes past eleven hours Western Indonesia Standard Time (11:50 WIB);</FONT></P></TD></TR></TABLE></DIV>

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<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 12pt" align=center><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">IN WITNESS WHEREOF;</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">This deed is made and executed in Jakarta, on the day and date mentioned in the preamble of this deed outside the office of mine, Notary, at Grha Citra Caraka, Jalan Gatot Subroto 52, Jakarta, in the presence of:</FONT></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Mr. HIMAWAN SUTANTO</FONT></B><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">, Sarjana Hukum, born in Ciamis, on the eighteen day of December nineteen one thousand nine hundred and seventy-two (18-12-1972), Indonesian National, residing in Tangerang, at Jalan Sector V, Kelurahan Sudimara Jaya, Kecamatan Ciledug, Tangerang, holder of Resident Identity Card (KTP) number: 3671061812720001; temporarily staying in Jakarta; and</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 6pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=IN color=black face="times new roman">-</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><B><FONT style="FONT-SIZE: 10pt" color=black face="times new roman">Ms.</FONT></B><FONT style="FONT-SIZE: 10pt" color=black face="times new roman"> PUTRI ANGGRAINI, born in Jakarta, on the second day of October one thousand nine hundred and eighty-eight (2-10-1988), Indonesian National, residing in Jakarta, at Jalan Haji Jeni II, Kelurahan Gandaria Utara, Kecamatan Kebayoran Baru, Jakarta, Resident Registration Number: 3174074210880001;</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="FONT-SIZE: 10pt" lang=IN color=black face="times new roman"></FONT>&nbsp;</P></TD></TR></TABLE></DIV>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">both are employees of Notary&#8217;s office, as witnesses.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">The minute of this deed having been duly read out by me, Notary, to the appearer and witnesses is immediately signed by the appearer, witnesses and by me, Notary. </FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" lang=EN-US color=black face="times new roman">Done with one alteration, namely one deletion with substitution. </FONT></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Signed by</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">:</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Mr. ARIEF YAHYA</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman"></FONT>&nbsp;</P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Mr. HIMAWAN SUTANTO, SH</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Ms. PUTRI ANGGRAINI</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">Mr. ASHOYA RATAM, SH., MKn.</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 12pt"><FONT style="LETTER-SPACING: -0.15pt; FONT-SIZE: 10pt" color=black face="times new roman">ISSUED AS A TRUE COPY.</FONT></P></TD></TR>

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<P style="TEXT-ALIGN: center">- 45 </P>

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<DOCUMENT>
<TYPE>EX-12.1
<SEQUENCE>3
<FILENAME>exhibit121.htm
<DESCRIPTION>CERTIFICATION OF CEO PURSUANT TO SECTION 302
<TEXT>

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<P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Exhibit 12.1</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">CERTIFICATION PURSUANT TO</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">15 U.S.C. SECTION 7241,</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">AS ADOPTED </FONT></B><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">PURSUANT TO</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">SECTION 302</FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman"> OF </FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">THE SARBANES-OXLEY ACT OF 200</FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">2&nbsp;</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 6pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><STRONG></STRONG>&nbsp;</P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 6pt" lang=EN-US face="Times New Roman"></FONT></B>&nbsp;</P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">I, Arief Yahya, President Director (Chief Executive Officer) of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk. (the &#8220;Company&#8221;), certify that:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 5pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">1.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">I have reviewed this Annual Report on Form 20-F of the Company;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this Report;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">3.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the Company as of, and for, the periods presented in this Report;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-AU face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">4.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-AU face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Company&#8217;s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the Company and have:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">(a)</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-AU face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Designed such disclosure controls and procedures, or caused such disclosure control</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">s&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> and procedure</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">s&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> to be designed under our supervision, to ensure that material information relating to the Company, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this nnual Report is being prepared;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">(b)</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-AU face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">(c)</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-AU face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Evaluated the effectiveness of the Company&#8217;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">(d)</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-AU face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Disclosed in this report any change in the Company&#8217;s internal control over financial reporting that occurred during the period covered by the Annual Report that has materially affected, or is reasonably likely to materially affect, the Company&#8217;s internal control over financial reporting; and</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">5.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-AU face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">The Company&#8217;s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Company&#8217;s auditors and the audit committee of the Company&#8217;s board of directors (or persons performing the equivalent functions):</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(a)</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Company&#8217;s ability to record, process, summarize and report financial information; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(b)</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Any fraud, whether or not material, that involves management or other employees who have a significant role in the Company&#8217;s internal control over financial reporting.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Jakarta, March 26</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, 2013</FONT></P>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">/s/ Arief Yahya</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">Arief Yahya</FONT></B></P>

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">President Director / Chief Executive Officer</FONT></B></P></TD></TR></TABLE></DIV>

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<TYPE>EX-12.2
<SEQUENCE>4
<FILENAME>exhibit122.htm
<DESCRIPTION>CERTIFICATION OF CFO PURSUANT TO SECTION 302
<TEXT>

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<P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Exhibit 12.2</FONT></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">CERTIFICATION PURSUANT TO</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">15 U.S.C. SECTION 7241,</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">AS ADOPTED </FONT></B><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">PURSUANT TO</FONT></B></P>

<P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">SECTION 302</FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman"> OF </FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">THE SARBANES-OXLEY ACT OF 200</FONT></B><B><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=IN face="Times New Roman">2&nbsp;</FONT></B></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">I, Honesti Basyir, Director of Finance (Chief Financial Officer) of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk. (the &#8220;Company&#8221;), certify that:</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">1.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">I have reviewed this Annual Report on Form 20-F of the Company;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">2.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">3.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the Company as of, and for, the periods presented in this report;</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">4.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-AU face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">The Company&#8217;s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the Company and have:</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">(a)</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-AU face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Designed such disclosure controls and procedures, or caused such disclosure control</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">s&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> and procedure</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">s&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman"> to be designed under our supervision, to ensure that material information relating to the Company, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this Annual Report is being prepared;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">(b)</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-AU face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">(c)</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-AU face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Evaluated the effectiveness of the Company&#8217;s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">(d)</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-AU face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Disclosed in this report any change in the Company&#8217;s internal control over financial reporting that occurred during the period covered by the Annual Report that has materially affected, or is reasonably likely to materially affect, the Company&#8217;s internal control over financial reporting; and</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman"></FONT>&nbsp;</P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.25in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">5.</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-AU face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">The Company other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the Company&#8217;s auditors and the audit committee of the Company&#8217;s board of directors (or persons performing the equivalent functions):</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(a)</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Company&#8217;s ability to record, process, summarize and report financial information; and</FONT></P>

<P style="TEXT-ALIGN: justify; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 0.5in"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">(b)</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 7pt" lang=EN-US face="times new roman">&nbsp;&nbsp;&nbsp;&nbsp; </FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Any fraud, whether or not material, that involves management or other employees who have a significant role in the Company&#8217;s internal control over financial reporting.</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">Jakarta, March 26</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-US face="Times New Roman">, 2013</FONT></P>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">/s/ Honesti Basyir</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">Honesti Basyir</FONT></B></P>

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">Director of Finance / Chief Financial Officer</FONT></B></P></TD></TR></TABLE></DIV>

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<TYPE>EX-13.1
<SEQUENCE>5
<FILENAME>exhibit131.htm
<DESCRIPTION>CERTIFICATION OF CEO PURSUANT TO SECTION 906
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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">18 U.S.C. SECTION 1350,</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">AS ADOPTED PURSUANT TO</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">SECTION 906 OF THE SARBANES-OXLEY ACT OF 200</FONT></B><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">2&nbsp;</FONT></B></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">In connection with the Annual Report of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk. (the &#8220;Company&#8221;) on Form 20-F for the year ending December 31, 2012 as filed with the Securities and Exchange Commission on the date hereof (the &#8220;Report&#8221;), I, Arief Yahya, President Director, (Chief Executive Officer) of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 200</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">2</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">, that, to my knowledge:</FONT></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">(1)</FONT></P></TD>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and</FONT></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.</FONT></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">This certification accompanies this Report pursuant to Section 906 of the Sarbanes-Oxley Act of 200</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">2&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman"> and shall not be deemed filed with the Securities and Exchange Commission by the Company as part of the Report or as a separate disclosure document.</FONT></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" face="Times New Roman">Jakarta, March 26</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" face="Times New Roman">, 2013</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.5in; MARGIN: 0in 8.95pt 0pt 0.5in" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">By:</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">/s/ Arief Yahya</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">Arief Yahya</FONT></B></P>

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">President Director / Chief Executive Officer</FONT></B></P></TD></TR>

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<DOCUMENT>
<TYPE>EX-13.2
<SEQUENCE>6
<FILENAME>exhibit132.htm
<DESCRIPTION>CERTIFICATION OF CFO PURSUANT TO SECTION 906
<TEXT>

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   <P style="TEXT-ALIGN: right; MARGIN: 0in 0in 0pt" align=right><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" face="Times New Roman">Exhibit 13.2</FONT></P>

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   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">CERTIFICATION PURSUANT TO</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">18 U.S.C. SECTION 1350,</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">AS ADOPTED PURSUANT TO</FONT></B></P>

   <P style="TEXT-ALIGN: center; MARGIN: 0in 0in 0pt" align=center><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">SECTION 906 OF THE SARBANES-OXLEY ACT OF 200</FONT></B><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">2&nbsp;</FONT></B></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">In connection with the Annual Report of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk. (the &#8220;Company&#8221;) on Form 20-F for the year ending December 31, 2012 as filed with the Securities and Exchange Commission on the date hereof (the &#8220;Report&#8221;), I, Honesti Basyir, Director of Finance (Chief Financial Officer) of the Company, certify, pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 200</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">2</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">, that, to my knowledge:</FONT></P>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">(1)</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and</FONT></P>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">(2)</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.</FONT></P>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">This certification accompanies this Report pursuant to Section 906 of the Sarbanes-Oxley Act of 200</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=IN face="Times New Roman">2&nbsp;</FONT><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman"> and shall not be deemed filed with the Securities and Exchange Commission by the Company as part of the Report or as a separate disclosure document.</FONT></P>

   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman"></FONT>&nbsp;</P></TD></TR>

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   <P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" face="Times New Roman">Jakarta, March 26</FONT><FONT style="LINE-HEIGHT: 115%; FONT-SIZE: 10pt" face="Times New Roman">, 2013</FONT></P></TD></TR>

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   <P style="TEXT-ALIGN: right; TEXT-INDENT: -0.5in; MARGIN: 0in 8.95pt 0pt 0.5in" align=right><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">By:</FONT></P></TD>

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   <P style="MARGIN: 0in 0in 0pt"><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" lang=EN-AU face="Times New Roman">/s/ Honesti Basyir</FONT></P></TD></TR>

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   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">Honesti Basyir</FONT></B></P>

   <P style="MARGIN: 0in 0in 0pt"><B><FONT style="LINE-HEIGHT: normal; FONT-SIZE: 10pt" face="Times New Roman">Director of Finance / Chief Financial Officer</FONT></B></P></TD></TR>

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<DOCUMENT>
<TYPE>EX-15.1
<SEQUENCE>7
<FILENAME>exhibit151.htm
<DESCRIPTION>LETTER OF THE COMPANY'S PREDECESSOR AUDITOR TO SEC
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<IMG src="x13032811262903.jpg" width=116 height=100></FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">Securities and Exchange Commission</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">100 F Street, N.E.</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">Washington, D.C. 20549-7561</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 6pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">22 March 2013</FONT></P>

<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">OL2013032006/CAW/SUB/RLS/dik</FONT></P>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">Commissioners:</FONT></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>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">We have read the statements made by Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk. (copy attached), which we understand will be filed with the Securities and Exchange Commission, pursuant to Item16F of Form 20-F, as part of the Form 20-F of Perusahaan Perseroan (Persero) PT&nbsp;Telekomunikasi Indonesia Tbk. dated 22 March 2013. We agree with such statements concerning our Firm in such Form 20-F.</FONT></P>

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<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>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">Very truly yours,</FONT></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>

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<P style="TEXT-ALIGN: justify; MARGIN: 0in 0in 0pt"><B><FONT style="FONT-SIZE: 11pt" lang=EN-US color=windowtext face="Times New Roman">/s/ Chrisna A. Wardhana, CPA</FONT></B></P>

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<SEQUENCE>17
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